Upcoming FTSE Dividend List
A dividend trading opportunity for you?
FTSE companies paying dividends on Thurs 20 Jun: B&M European Value Retail, Big Yellow Group, Cineworld, Compass Group, Land Securities, NewRiver REIT, Stobart, Tate & Lyle, TR Property Investment Trust, United Utilities
Source: DividendData.co.uk, Company Announcements; Last Updated: 18 Jun 2019
Long/Short FTSE100 CFD positions credited/debited 11.00pm Weds *
Long/Short equity CFD positions credited/debited 7.15am Thurs**
Trading United Utilities – An Example
Let’s say you like United Utilities and would like to get the 27.5p/3.3% dividend. You decide to buy exposure to £10,000 worth of United Utilities 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 United Utilities shares recover to their pre-dividend share price, your profit from the dividend would be £330, 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 United Utilities 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 FTSE100 Index CFD positions held over 10pm on Weds 19 Jun
** All qualifying UK equity CFD positions held over 4.30pm on Weds 19 Jun