Upcoming UK Index Dividend List
A dividend trading opportunity for you?
UK Index companies paying dividends on Thurs 2 May: Bakkavor, ContourGlobal, Croda, Elementis, Ferrexpo, G4S, London Stock Exchange, Moneysupermarket.com, Morgan Advanced Materials, Playtech, RELX, Rightmove, Senior, Unilever
*Croda International pays a special dividend on Mon 29 April, accompanied by an equal and offsetting share consolidation at a ratio of 41 for 42
*Micro Focus pays a special dividend on Tues 30 April paid via a B Shares scheme
Source: DividendData.co.uk, Company Announcements; Last Updated: 01 May 2019
Long/Short UK 100 CFD positions credited/debited 11.00pm Weds *
Long/Short equity CFD positions credited/debited 7.15am Thurs**
Trading G4S – An Example
Let’s say you like G4S and would like to get the 6.11p/2.8% dividend. You decide to buy exposure to £10,000 worth of G4S using a CFD. To do this, you need £2,000.
Shares that go ex-dividend typically fall by the amount of the dividend on the ex-dividend date. Many shares then tend to recover over a period of time, helped by dividends being reinvested, creating a dividend recovery trade opportunity.
Assuming G4S shares recover to their pre-dividend share price, your profit from the dividend would be £280, from your initial investment of £2,000.
Be aware that the share price could fall or rise, which could mean that you make an overall loss or increased profit on the position. For example, let’s assume that G4S falls 2% at the same time it pays the dividend. You overall net loss on your £10,000 position would be £200.
This is provided for information purposes only. It should not be taken as a recommendation.
* All qualifying UK 100 Index CFD positions held over 10pm on Weds 1 May
** All qualifying UK equity CFD positions held over 4.30pm on Weds 1 May