Football Index have this week announced that they will be delivering a 'dividend policy review' on 29 October 2019. The news will be revealed at 19:00 GMT and in line with previous similar announcements, the market will close temporarily for 30 minutes to allow traders to fully digest the new information.
**IMPORTANT UPDATE: THE DATE OF THE DIVIDEND REVIEW HAS NOW BEEN MOVED FORWARD TO 18 OCTOBER 2019**
As for what this information will be exactly, is currently only open to speculation. The natural expectation is of course a dividend increase - but as to which areas and how much, we are all waiting to see.
One obvious area could be to implement a Triple Media payout on every day - regardless of how many games are being played on a given day. With the ever increasing number of days in which football matches are played, plus the addition by Football Index to include Euro Qualifiers, has seen the number of Triple Media days dwindle quite significantly.
Thus opening up daily Triple Media payouts, could be a good way to help stimulate the top end of the market, where big name players like Pogba and Neymar had started to see significant declines in value over the last few months.
Another option could be to extend the length of time shares are eligible for In Play Dividends. Currently some higher priced placed players could be seen as unviable options for short term holds due to the 2% commission potentially wiping out any dividend gains made over a 30 day period.
Or we could simply see a standard increase in dividends across the board whilst keeping the same current payout structure.
Whatever Football Index announce on 29 October, it's great that they are taking noticed of the increasingly higher values of players and responding with this dividend review. We look forward to seeing what they announce and seeing how traders react on the market.
For more information, you can click the link below to view Football Index's official press release:
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