FXCM Dividend Calendar
Dividends may impact the amount of overnight costs you pay or earn on your Share CFD position. When a dividend is paid on a stock, the value of the stock will drop. Short positions will be positively impacted by the drop in Price, while long positions are negatively impacted. Dividend adjustments are therefore applied on Share CFD products to negate the impact of the drop in Price. If you are long you are credited a dividend adjustment. If you are short, you will be debited a dividend adjustment. For more information see the FAQ below the table.
|FXCM Ticker||Company Name||Ex-Div Date||Div Amount||Div CCY|
- When are Dividends applied? How can I avoid dividends?
Dividends are applied on the Eve of the Ex-Dividend date.
For example, if the Ex-Dividend Date was February 3rd. All positions held at the end of February 2nd would be subject to a dividend adjustment. To avoid paying dividends, you can close your position before 5PM EST and the adjustment would not apply.
- Why are long positions credited less than short positions are debited?
The differential may be both a result of an FXCM Markup and Withholdings.
For example for US shares, as per Section 871 of US tax code. A tax applies on dividend adjustments to traders of equity derivatives of US stocks.
In accordance with FXCM's obligation under this US tax regulation, 30% of all credited Dividend adjustments are withheld and passed on by FXCM to the IRS.1
- Where can I view upcoming dividends?
The daily dividend amount can be viewed from the simple dealing rates window in the Trading Station platform in the columns marked "Div S" (For sell/short positions) or "Div B" (For buy/long positions).
Please Note: Upcoming dividends are displayed in the counter currency of the instrument (For e.g if Netfix displayed "Div B" 0.23 that would be a credit of 0.23 USD per min trade size or if Barclays displayed "Div S" of -1.32 that would be a debit of 1.32 GBP per min trade size)
- Where can I view past dividends?
Dividends paid or earned on a specific position can be found in the account statement.
Account statements can be accessed via the "Report" button on the Trading Station platform (Desktop, Web, or Mobile) or by entering MyFXCM using the login for the account you want to run the report on. From the menu, go to My Info->Reports. Fill out each field as desired, and then click on the blue Get Report button.