How much dividend can I receive?
For US stocks without leverage, you will receive dividends if the net dividend you receive is more than $0.01. While for US stocks with leverage, you will receive dividends if you have at least 0.1 shares on the cum date.
For non-leveraged US stocks, you will receive dividends if the net dividend you receive is more than $0.01. While for leveraged US stocks, you will receive dividends if you own at least 0.1 shares on the cum date.
However, if you own shares after the cum date, you are not entitled to receive dividends for either non-leveraged or leveraged US shares.
Here is an example of calculating US stock dividends:
|
Stock Type |
Company |
Dividend Per Share |
Number of Shares Owned |
Tax rate |
Calculation |
Dividends Received |
|
Non-Leverage |
ABC |
$1,00 |
0,1 |
85% |
$1,00 x 0,1 x 85% |
$0,085 |
|
Non-Leverage |
ABC |
$1,00 |
0,01 |
85% |
$1,00 x 0,01 x 85% = $0,0085 |
$0.00 (not paid) |
|
Leverage |
XYZ |
$2,00 |
0,1 |
70% |
$2,00 x 0,1 x 70% |
$0,14 |