How are dividends calculated?

Dividend payouts are calculated in this way:

40%** of the losing teams Dividend Reserve is taken and placed in the winning teams Dividend Reserve.

Then, the winning teams new Dividend Reserve is multiplied by the league's payout percentage and then divided by the float of that team. That figure is then rounded to 4 decimal places. This is your dividend per share figure.

You then take the dividend per share figure and multiply by the number of shares you hold. This number is also rounded to 4 decimal places. This number is the amount that will be credited to your cash balance.

Another way of saying this is:
round ((dividend reserve * league payout%) / float,4) * your holdings
it's rounded to 4 places for payout

For Example, Team A and Team B each have $878 in their Dividend Reserve. Team A wins. $351.20 is transferred from Team B's Dividend Reserve to Team A's Dividend Reserve. Team A's Dividend Reserve is now $1229.20. Then you take the Dividend Reserve and multiply it by the Leagues payout percentage. In this example, we will say the League is the NFL and has a payout percentage of 2.5%. Multiplying $1229.20 times 2.5%, we get a total Dividend Reserve payment of $30.73. Team A has a float of 50,000. When you divide $30.73 by 50,000 you get a dividend per share of $0.0006146. This number would then be rounded to $0.0006. If Trader A owns 1232 shares, then you would multiply $0.0006*1232 and the cash balance of Trader A would be credited $0.7392.

Please note that dividends are only paid out to share holders. On any remaining IPOs of a team and on the shares that Tirgus may hold back for future shorting opportunities, the dividends for these shares remain in the Dividend Reserve.

**The initial Reserve Transfer rate for Dividend Reserves from the losing team to the winning team will be 40%. This number may be adjusted if necessary.