Earnings & Dividends Calendar
Our earnings & dividends calendar below shows the next earnings releases as well as the dividend dates for every share and index CFD you can trade with GTC. We also really do recommend that you check this calendar before trading stocks & indices with us. It’s also a good idea to monitor for any news or market analysis updates that are relevant to any open stock & index CFDs you have.
Ex-Dividend (GMT+3)
How to Calculate Dividend
Dividend payment received when holding a long position:
Dividend Payment = Component Dividend (per index contract) × Contract Size × Volume × Currency Multiplier × Account Currency Multiplier
Dividend charge deducted when holding a short position:
Dividend Charge = Component Dividend (per index contract) × Contract Size × Volume × Currency Multiplier × Account Currency Multiplier
How Stock & Index Earnings & Dividends Affect Your Margin
We’ve prepared a quick guide, which explains the calendar. Basically, it tells you when corporate events hit, how we adjust margin, and why it maers to your account.
1. Why we flag earnings and dividends
Providers often flag index and margin each earnings or dividend cycle to reduce risk through exposure. That’s why we list these dates on the calendar. The flagged instrument shows the products where the event will impact volatility.
2. Reading the margin tiers
Keep your risk in line! View margin tiers in levels. This ensures stronger logic is applied to the scale of your positions.
3. Share example of earnings
Let’s look at a simplified example, based on Apple’s latest:
- Instrument: AAPL
- Share price: $182.40
- Expected EPS: $2.84
- Reported EPS: $2.90
If the figure is higher in another currency, go short and convert. If it’s less than that — then supply the return risk.
4. Index example of a Dividend adjustment
Let’s take a look at an example of a dividend adjustment that’s based on the CHN50:
- Instrument: CHN50
- Dividend size: 1.50
- You’re long 1 lot – so 50 lots x 0.5 lots = 200 lots
- 1.50 × 50 = $75
- PnL Credit: $75.00
5. Dividend cash adjustments
When an instrument goes ex-dividend, you can balance it against liquidity gaps:
- If you're long (and open on ex-date) – the dividend is credited to your ledger.
- If not or sold (closed) pre-ex-date – the dividend is deducted from your ledger.
6. Your responsibility
During these high-margin periods, the new requirements might trigger “free margin” shortages. Ensure enough capital or margin is maintained on your positions through logic calls or proactive trading setups.
7. Heads-up on dates & times
Spreads/dates are shown as estimates. At times, one calendar event can trigger multiple products in the same index. Stay one call ahead and protect margin to be outpaced of your margin. Trade smart and stay protected.
Stay one call ahead and protect margin to be outpaced of your margin. Trade smart and stay protected.
