Corporate Actions – Cash Dividends
Using Corporate Actions – Cash Dividends you have the ability to calculate and pay dividends to shareholders according to the number of shares each of them has in possession.
Cash Dividends Parameters:
| Field | Description |
|---|---|
| Server | The name of the MT4 server on which you wish to calculate the dividends |
| Symbol | The mt symbol on which you wish to calculate and pay the dividends |
| Groups | The groups of the MT server where you wish to calculate and pay the dividends |
| Settled Date | Automatic balance operation after EOD of specified settled date |
| Amount per share | The amount of dividend per share to be paid |
| Tax % | The Tax field allows you to enter a percentage value to be deducted from a payment |
| Calculate using net positions | A volume of short and long positions in lots is displayed for each client. If hedging accounts are present among others, use a net volume for calculating payments (volume difference between buy and sell positions) |
| Check margin and balance | checking free margin in the MT4 account, return warning of insufficient free margin with MT4 account logins |
| Comment for the balance operation | comment (free text) if needed for operation |
Corporate Actions – Cash Dividends data fields description:
| Field | Description |
|---|---|
| Server | Name of the MT Server |
| Login | MT login account |
| Name | MT name account |
| Group | MT group name |
| Symbol | MT symbol name |
| Quote Currency | The quote currency of the symbol as it is configured on the MT Server |
| Settled Currency | The currency in which the dividend should be paid |
| Conversion Rate | The conversion rate of the symbol currency to the currency in which the dividend should be paid in case it differs |
| Buy Volume | Long Position Volume |
| Sell Volume | Short Position Volume |
| Dividend paid (long) | Gross dividend amount including the tax |
| Tax deducted | The tax amount deducted from the dividend payment, based on Tax %. |
| Dividend deducted (Short) | Deduct gross dividends |
| Net Amount | Net dividend amount minus the tax |
| Result | Confirmation of the operation performed: Calculated Adjusted |
| Error | Error message in case the corporate action operation was not successful |