Take positions on dividend payments so you can hedge your exposure or diversify your portfolio. Choose from dividend futures on a single stock dividend, or on dividends from a whole index.

Single Stock Dividend Futures (SSDFs)

Dividend futures allow market participants to take a view on cash flows linked to dividend payments.

  • Trade Europe’s widest choice of Single Stock Dividend Futures
  • More than 300 contracts available for trading
  • Exclusive new trading opportunities: more than 120 contracts in our range can only be traded via Euronext, including many of our SSDFs on U.S. underlyings
  • New 6-month and quarterly maturities on dividend futures now available for trading

Download SSDFs Presentation

CONTRACT CODE CONTRACT NAME ISIN CODE
LD8 ABB - Dividend Future CH0012221716
DZ8 ABN AMRO - Dividend Future NL0011540547
AS8 ASML Holding - Dividend Future NL0010273215
AH8 Ahold Delhaize, Koninklijke - Dividend Future NL0011794037
AK8 Akzo Nobel - Dividend Future NL0013267909
AM8 Amadeus IT Group - Dividend Future ES0109067019
PM8 Banco BPM - Dividend Future IT0005218380
BA8 Banco Bilbao Vizcaya Argenta - Dividend Future ES0113211835
BS8 Banco Santander - Dividend Future ES0113900J37
CB8 CaixaBank - Dividend Future ES0140609019
QC8 ENEL - Dividend Future IT0003128367
QD8 ENI - Dividend Future IT0003132476
EG8 Enagas - Dividend Future ES0130960018
FE8 Ferrari - Dividend Future NL0011585146
HE8 Heineken - Dividend Future NL0000009165
IN8 ING Groep - Dividend Future NL0011821202
ID8 Iberdrola - Dividend Future ES0144580Y14
IT8 Inditex - Dividend Future ES0148396007
IO8 Intesa Sanpaolo - Dividend Future IT0000072618
KP8 KPN, Koninklijke - Dividend Future NL0000009082
FC8 Leonardo SpA - Dividend Future  IT0003856405
LE8 Linde - Dividend Future IE00BZ12WP82
NL8 Nestle - Dividend Future CH0038863350
NR8 Nokian Renkaat OYJ - Dividend Future FI0009005318
NA8 Novartis - Dividend Future CH0012005267
OM8 OMV AG - Dividend Future AT0000743059
PH8 Philips, Koninklijke - Dividend Future NL0000009538
PT8 Poste Italiane - Dividend Future IT0003796171
PS8 ProSieben Sat 1 Media AG - Dividend Future DE000PSM7770
RQ8 Raiffeisen Bank International - Dividend Future AT0000606306
RA8 Randstad NV - Dividend Future NL0000379121
EL8 Red Electrica Corp - Dividend Future ES0173093024
RX8 Roche Holding - Dividend Future CH0012032048
RD8 Royal Dutch Shell A - Dividend Future GB00B03MLX29
SB8 SBM Offshore - Dividend Future NL0000360618
MH8 Siemens AG - Dividend Future DE0007236101
MN8 Siemens Energy AG - Dividend Future DE000ENER6Y0
QO8 Swiss Re - Dividend Future CH0126881561
QK8 Swisscom - Dividend Future CH0008742519
TI8 Telecom Italia - Dividend Future IT0003497168
TA8 Telefonica - Dividend Future ES0178430E18
UA8 UNIQA Insurance - Dividend Futures AT0000821103
UB8 Unibail-Rodamco-Westfield - Dividend Future FR0013326246
UD8 Unicredit - Dividend Future IT0005239360
UN8 Unilever - Dividend Future GB00B10RZP78
II8 Vienna Insurance - Dividend Future AT0000908504
WB8 Wienerberger AG - Dividend Future AT0000831706
WK8 Wolters Kluwer - Dividend Future NL0000395903
ZI8 Zurich Insurance Group - Dividend Future CH0011075394
AG8 Ageas - Dividend Future BE0974264930
AB8 Anheuser-Busch Inbev NV - Dividend Future BE0974293251
GB8 Groupe Bruxelles Lambert - Dividend Future BE0003797140
KB8 KBC - Dividend Future BE0003565737
BL8 Proximus - Dividend Future BE0003810273
SO8 Solvay - Dividend Future BE0003470755
UC8 UCB - Dividend Future BE0003739530
EV8 EDP Energias de Portugal SA - Dividend Future PTEDP0AM0009
GE8 Galp Energia SGPS SA - Dividend Future PTGAL0AM0009
JM8 Jeronimo Martins SGPS SA - Dividend Future PTJMT0AE0001
NH8 Norsk Hydro - Dividend Future NO0005052605
TN8 Telenor - Dividend Future NO0010063308
AT8 ATOS SE - Dividend Futures FR0000051732
AC8 Accor SA - Dividend Future FR0000120404
AI8 Air Liquide - Dividend Future FR0000120073
EA8 Airbus - Dividend Future NL0000235190
AL8 Alstom - Dividend Future FR0010220475
CS8 Axa SA - Dividend Future FR0000120628
BN8 BNP Paribas - Dividend Future FR0000131104
HA8 Bollore Group - Dividend Future FR0000039299
EN8 Bouygues - Dividend Future FR0000120503
CN8 CNP Assurances SA - Dividend Future FR0000120222
CP8 Capgemini - Dividend Future FR0000125338
CA8 Carrefour SA - Dividend Future FR0000120172
CG8 Casino Guichard Perrachon SA - Dividend Future FR0000125585
CR8 Credit Agricole SA - Dividend Future FR0000045072
DA8 Danone - Dividend Future FR0000120644
GA8 ENGIE - Dividend Future FR0010208488
DF8 Electricite de France - Dividend Future FR0010242511
EH8 Elior - Dividend Future FR0011950732
EF8 EssilorLuxottica - Dividend Future FR0000121667
EM8 Europcar - Dividend Futures FR0012789949
EC8 Eutelsat Communications - Dividend Future FR0010221234
HI8 Hermes International - Dividend Future FR0000052292
KR8 Kering - Dividend Future FR0000121485
LI8 Klepierre - Dividend Future FR0000121964
OR8 L'Oreal SA - Dividend Future FR0000120321
MC8 LVMH Moet Hennessy Louis V - Dividend Future FR0000121014
MM8 Lagardere S.C.A. - Dividend Future FR0000130213
LR8 Legrand SA - Dividend Future FR0010307819
ML8 Michelin - Dividend Future FR0000121261
KN8 Natixis - Dividend Future FR0000120685
FT8 Orange SA - Dividend Future FR0000133308
RI8 Pernod-Ricard - Dividend Future FR0000120693
PU8 Publicis Groupe - Dividend Future FR0000130577
RN8 Renault SA - Dividend Future FR0000131906
SE8 SUEZ - Dividend Future FR0010613471
SM8 Safran SA - Dividend Future FR0000073272
SG8 Saint-Gobain - Dividend Future FR0000125007
SA8 Sanofi - Dividend Future FR0000120578
SU8 Schneider Electric SE - Dividend Future FR0000121972
SC8 Scor SE - Dividend Future FR0010411983
GL8 Societe Generale - Dividend Future FR0000130809
SW8 Sodexo - Dividend Future FR0000121220
UG8 Stellantis - Dividend Future NL00150001Q9
TP8 TechnipFMC - Dividend Future GB00BDSFG982
TO8 Total SE - Dividend Future FR0000120271
FR8 Valeo - Dividend Future FR0013176526
VI8 Veolia Environnement - Dividend Future FR0000124141
IZ8 Vicat SA - Dividend Future FR0000031775
DG8 Vinci SA - Dividend Future FR0000125486
EX8 Vivendi SA - Dividend Future FR0000127771

Dividend Index Futures

The CAC 40® Dividend Index and AEX® Dividend Index measure the cumulative value of ordinary gross dividends declared by the companies in Euronext’s CAC 40® Index and AEX-Index®, respectively. Value is calculated on the ex-dividend date and expressed in terms of index points.

  • Invest in French or Dutch companies’ dividends – benefit from arbitrage opportunities and leverage trading of dividends without having to take a position in the underlying
  • Both indices run for a one-year period from the trading day following the third Friday in December to the third Friday in the following December.
  • The CAC 40 Dividend Index Future has been approved by the CFTC and is directly tradeable from the US.

Download SSDFs Presentation

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Voted Most Innovative Contract of the Year

Euronext's Single Stock Dividend Futures were voted "Most Innovative Contract of the Year" in the 2020 FOW Awards. A proud recognition of our agility and flexibility to continuously provide added-value solutions to our clients. Charlotte Alliot, Head of Institutional Derivatives at Euronext, goes over 2020's achievements and shares her unique vision for the business in this video interview with FOW.

Resources

Trading the CAC 40 Dividend Index Future

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