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Dividend Adjustments 16 July - 20 July


JamesIG

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Expected index adjustments 

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 16th July 2018. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect  your positions, please take a look at the video. 


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NB: Special Divs are highlighted in orange 

Special Dividends

No special divs this week.

How do dividend adjustments work? 

As you know, constituent stocks of an index will periodically pay dividends to shareholders. When they do, the overall value of the index is effected, causing it to drop by a certain amount. Each week, we receive the forecast for the number of points any index is due to drop by, and we publish this for you. As dividends are scheduled, public events, it is important to remember that leveraged index traders can neither profit nor lose from such price movements.

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

6 Comments


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Guest el_clopo

Posted

At what time (GMT) do the dividend adjustments take effect for Wall Street on Wed 18th July?

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Guest PandaFace

Posted (edited)

Market close so 9pm BST assuming you’re in the UK. That’s the New York close so sort of 4pm eastern  @el_clopo

Edited by PandaFace
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Guest el_clopo

Posted (edited)

thanks, is that the same for all other indices? The adjustments are made at the close?

 

Edited by el_clopo
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not necessarily at close. Well for Jse ( South Africa) its 10 minutes before markets close ...4.50pm is dividend while markets closes at 5pm and usually every Tuesday.

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Guest PandaFace

Posted

@HB Aren’t those last ten minutes an auction? Never trade it but why would they take out diva ten mins before the close? Or does it not have a closing auction at all hence why they have to take it out early... 

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