Octa announces April dividend changes for derivatives
Octa posts list of dividend stocks
Octa, a global brokerage firm, has issued a notice to traders regarding upcoming dividend adjustments for clients holding derivatives on shares of companies that are scheduled to pay dividends in April 2025.
In line with standard market practice, the ex-dividend date—the day a stock begins trading without the right to receive the dividend—typically results in a drop in the share price equivalent to the dividend amount, according to the broker's website.
Octa explained that this price adjustment affects derivative holders differently depending on their position. Clients with long (Buy) positions will receive a credit, while those with short (Sell) positions will have the dividend amount debited from their accounts on the ex-dividend date.
List of affected assets and dividend range
The broker published a list of stocks traded on major global exchanges that will be subject to dividend adjustments. These include:
AbbVie (ABBV.NYSE): $1.48 – April 15
Airbus (AIR.EPA): €1.00 – April 23
ASML Holding (ASML.EAS): €1.84 – April 28
LVMH (MC.EPA): €7.50 – April 24
The list spans a variety of instruments from the NASDAQ, NYSE, and European and Asian markets, with dividend payments ranging from $0.11 to €7.50. Other affected companies include Comcast (CMCSA.NAS), Verizon (VZ.NYS), Intuit (INTU.NAS), Sanofi (SAN.MB), and UniCredit (UCG.MIL).
Recommendations, transparency, and broker commitment
Octa reminds investors that dividend dates and amounts are subject to change, and some information may be incomplete at the time of publication. The company advises traders to consider the impact of dividends when planning their strategies and to consult financial professionals if needed.
Octa emphasizes its commitment to transparent trading by informing clients in advance of corporate actions that may affect derivative positions. These dividend adjustments are a standard part of trading derivatives and help maintain fair market pricing.
It is worth noting that Octa previously introduced an AI-powered feature on its proprietary trading platform, OctaTrader. This new pattern recognition tool is designed to enhance technical analysis by providing traders with faster and more accurate insights into market trends.
