AND THEN THERE IS THE DIVIDENDS
CMC Markets credits an amount equivalent to the dvd. to your account, not sure when ie. at ex dvd. date or at payment date
also I will have to look back on the charts to see what happens to the CMC Markets' share price for the stock over that period.
for the banks calculate 2,5% (half year dvd of 5% pa.) and then x the leverage factor of 10 = 25% of the sum put up for the CFD.
have I got that right ? - 25% profit ?
it works in reverse though if your shorting a stock, so make sure if you are shorting a stock it has a low dvd payout or preferably no dvd at all. or get rid of it prior to the applicable date.
gk
- Forums
- CFDs
- the banks
AND THEN THERE IS THE DIVIDENDS CMC Markets credits an amount...
Featured News
Featured News
The Watchlist
P.HOTC
HotCopper
Frazer Bourchier, Director, President and CEO
Frazer Bourchier
Director, President and CEO
SPONSORED BY The Market Online