US stock CFD products have dividends, and will be calculated according to the actual contract size of the customer. Doo Prime will charge 1 of the actual dividend fee as a handling fee.
Among them, the long position will receive the dividend distributed by the listed company, while the short position will be deducted the corresponding dividend. The calculation formula is as follows:
- Calculation formula for long positions: number of hands * contract specification * dividend per share * (1-1)
- Short position calculation formula: lot size * contract specification * dividend per share * (1+1)
The customer holds a long position of 1 Tesla stock CFD in Doo Prime. At this time, Tesla announces a cash dividend distribution plan of US$1 per share. The specification of Doo Prime’s Tesla CFD is 10 shares per lot. Customers will receive USD 9.9 after dividend handling fee.
- Lot size (1) * contract specification (10) * dividend per share (1) * (1-1) = 9.9
If the customer holds a short position, it will be deducted 10.1 US dollars:
- Lot size (1) * contract specification (10) * dividend per share (1) * (1+1) = 10.1
The calculation results of all dividends and the total handling fee will be deducted from the client's trading account, and you can check it in the account's historical orders.