Dear client,
Herewith include a table of upcoming ex-dividend or other corporate actions that are relevant to our stock CFDs.
| Symbol | Name | Dividend | Date |
|---|---|---|---|
| C | Citigroup, Inc. Common Stock | 0.50 USD | 4th Nov |
| F | Ford Motor Company Common Stock | 0.14 USD | 7th Nov |
| WFC | Wells Fargo & Company Common Stock | 0.36 USD | 8th Nov |
If a client holds a position across the ex-dividend date, they will either be credited or debited with the dividend.
Dividend calculation:
Buy positions, the dividend received = dividend amount * Contract Size.
Sell positions, the dividend deducted = dividend amount * Contract Size.
The dividend will be accumulated in the swaps for that day according to the above calculation method.
Please note that provided calendar is used for indication only as final adjustments are always reviewed prior to the day they are applied. Unexpected corporate actions may occur and in this case, actual charges will be adjusted accordingly in due time.
In case of any questions please contact us via Online Service or via the email support@maxaingroup.com
Best regards,
Maxain Support Team
