Get additional 8% trading income within 2 days
As a privilege Alfa-Forex pays clients dividends regarding largest American companies' shares CFDs. To receive the payment a client should open a long CFD position at least a day before the Dividend ExDate. The dividend yield will appear in the SWAP column of a trading terminal.
The nearest Dividend ExDates:
Dividend ExDate |
Dividend yield per share
Let us calculate dividend amount taking Caterpillar shares (CAT) as an example:
- The minimum position size is 1 lot comprising 100 shares. Let us take a 10 lot position for the sake of convenience;
- The sum required to buy 1000 shares is calculated according to the following formula: 10 lots * 100 shares * 77,866 (current share price) / 10 (leverage)*
As a result, $7786.60 is required to buy 1000 Caterpillar (CAT) shares;
Let us multiply 1000 shares by the dividend payment equal to $0.77. We get $770. We are also supposed to consider the 15% income tax provided for in the US legislature.
Summary: with the margin of $7786.60 you will get guaranteed $654.50, which makes 8.4% of the invested sum within 2 trading days!
*For accounts under $50 000. Margin requirements.