Yes, we do.
Your account may be either credited or debited if you are trading a stock, ETF or index that pays a dividend.
- If you hold a BUY position, you will receive the dividend payment to your available balance.
- If you hold a SELL position, the dividend payment will be deducted from your available balance.
You must hold the position before the market closes on the day before the ex-dividend date for the dividend payment to apply.
- If you hold a CFD position, the dividend payment will be reflected in your available balance on the ex-dividend date.
- If you hold a position secured with the real asset, you will receive the dividend payment to your available balance on the payment date.
Receiving a dividend payment is a taxable event in some cases and jurisdictions. The percentage of tax withheld depends on the laws of the country in which the company issuing the dividend is incorporated. Please note that after you receive the dividend, you may still be liable for tax depending on your country of residence and whether that country has an applicable tax treaty.