When there’s a dividend payment, this is normally reflected in the index CFD price. If you have an open position at the time of a dividend adjustment, we’ll ensure that there is no material impact on you by either crediting or debiting your account with the same amount that your unrealised profit and loss has been impacted. For example: For long positions: Let’s assume UK100 (FTSE) is trading at 7,167.95 GBP. If a client is long 20 units of UK 100 and a stock in the index pays out a dividend that equates to 5 index points. The index value would drop to 7162.95 GBP. The dividend adjustment would be  =  index dividend points X no. of units of the index CFD held = 5 X 20 = 100 GBP  This will be credited to client's account post home currency conversion. For short positions: Let’s assume US SPX 500 (S&P500) is trading at 2,989.69 USD. If a client is short 10 units and a stock in the index pays out a dividend that equates to of 0.890 index points. The dividend adjustment would be =  Index dividend points X no. of units of the index CFD held = 0.890 X 10 = 8.90 USD This will be debited from client's account post home currency conversion. Clients will be able to see OANDA's dividend adjustments in their Transaction History and Statements.