Harness the potential of the dividend market
S&P 500 Quarterly Dividend Index futures provide you with efficient tools to hedge or express a view on the U.S. dividend market, regardless of the price movement of the benchmark indices. The S&P 500 Dividend Points Index (SPXDIV) tracks the accumulation of dividends on a quarterly basis and resets to zero at the end of each period. The observation period is the prior contract expiration date plus one trading day through the contract’s expiration.
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Features and benefits
Flexibility
Choose from quarterly or annual contracts to hedge or express views on U.S. stock dividends.
Ease of access
Around-the-clock access plus block trade eligibility, allowing larger transactions to be privately negotiated.
Security of central clearing
Enjoy counterparty risk mitigation through CME Clearing.
More opportunity
Create total return strategies.
Explore this product in depth
View the latest insights on trends in the Equities market.
Courses
Take self-guided courses on Equity Index futures and options products.
If you’re new to futures, the courses below can help you quickly understand the Equity Index market and start trading.
Contact an Equity Index expert
Connect with a member of our expert Equity team for more information about our products.
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Products
Resources
Looking for more? Explore our additional resources
Products
Resources
Looking for more? Explore our additional resources
Products
Resources
Looking for more? Explore our additional resources
Products
Resources
About S&P 500 Quarterly Dividend Index Futures
Hedge and express your view on the U.S. stock dividend market with quarterly S&P 500 Dividend Index futures. The quarterly contract (SDI) is $1,000 times the S&P 500 Dividend Points Index with the nearest five months in the March Quarterly Cycle (Mar, Jun, Sep, Dec) available for trading. The S&P 500 Dividend Points Index (SPXDIV) tracks the accumulation of dividends on a quarterly basis and resets to zero at the end of each period.
