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Online Share Trading

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CfD's and dividend payment

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Osiris
New Contributor
Can anyone tell me when exactly you should hold a CfD of a share to receive the dividend payout? For example if the LDT is on the 20th and the dividend payout is the 27th should you hold the CFD at the moment of the market opening on the 20th to receive it? In what time frame would the payout be made?
2 REPLIES 2
SimonPB
Valued Contributor
hold at close on LDT and with a CFD you'll get the div next trading day
THRESHOLD
Super Contributor
Overseas they set out to complicate matters though. Eg. In the US you must hold the share two days before the LDT to qualify as you must have been updated in the register to qualify.