Football Index Dividends

An essential part of the platform is the payments made by Football Index on a daily basis, known as Football Index dividends. There are three types of dividend payments: Performance dividends, Media dividends and In-Play dividends. How much is paid out on any given day depends on what ‘type’ of day it is. You can see below the pay-outs for each type of day, the meanings of which will become clear as you read on about the three types of dividends.

Football Index Dividend Structure

Media Dividends

This dividend has been around since the platform began and is paid out 365 days a year. It is paid out based on a player featuring in the media the most on any given day – this is calculated by taking all the stories that include the player’s full name in the title from the sources listed below.

Talksport, UEFA. The FA, ESPN, FIFA, Football League, Daily Mail, Daily Star, the Times, the Telegraph, Independent, Express, Guardian, Metro, Daily Mirror, BBC, Football365,, Huffington Post, Sky Sports

These stories are given a score using a sentiment analysis algorithm (which you can read more about here The score comes from the words in the headline – the more positive the words are, the higher the score is, with all scores having a base of 20 points.

The scores from all of those articles are accumulated to give each player one total score, which forms a leaderboard in the “media” tab, under the dividends heading. Those at the top of leaderboard at midnight are the ones who are paid out dividends.

In the event that two players have the same total at midnight, the player with the latest story wins. There are no split payments.


Remember! Only players in the first team can win media dividends until the start of the 2019/20 season, and you must hold the player from at the latest 2pm on that day to be paid out dividends on those shares.

Performance Dividends

The next type of dividend paid out by Football Index is performance-related. Unlike media, price has no impact as to whether or not a player can win this dividend, but, they must be playing in an eligible fixture to take part. The competitions which are eligible are: The Premier League, La Liga, Serie A, Bundesliga and Ligue 1 as well as the UEFA Champions League and the Europa League. Football Index may add other competitions too, as they did with the FIFA World Cup, however there are currently no plans to introduce other competitions.

On any day where at least one eligible fixture takes place, there will be pay-outs for top defender, top midfielder and top forward, all of the same amount dependent on how many games are being played that day, and additionally, the player with the highest score of all three of these winners will receive an extra ‘Star Player’ dividend.


12/05/2019 – there were 29 fixtures across Europe’s top five leagues. Looking at the chart, you can see that any day with more than 14 matches is classed as a treble pay out (DEF 5p, MID 5p, FWD 5p, STAR 2p)

As you can see, Mendez was the top forward with 224 points, Gundogan was the top midfielder and Laporte was the top defender. Therefore owners of all these players receive 5p per share as well as Gundogan owners also earning an extra 2p dividend for him getting the highest overall score and being the star player.

120519 scores

In the event of two players who are competing for the same dividend scoring the same points, the youngest player will be awarded the dividend.

So that is how the pay-outs work, but how do players actually score points? Well, the below scoring matrix covers most of this for you.

There are a few other things worth noting with this system though – many actions can attract more than one points category, for example, if a player scores a goal, he’ll receive 40 for the goal, 5 for the shot on target and 3 for the shot, totalling 48 points.

Secondly, all points are awarded in real time, so for example when a team is winning 1-0, all players on that team will have 18 points for the win, but in reality, they aren’t confirmed as they could easily concede, at which point, those 18 points would be taken away.

A more detailed and noticeable example is a game-winning goal. When a team goes 1-0 up, the scorer will receive the 48 points for the goal as previously explained, along with the 18 points for the win as well as 40 points for scoring the game-winning goal. However, if the opposition equalises to make it 1-1, the player will lose the 58 points for a game-winning goal and win. It is important to understand this because it can often make scores look misleading, especially when a player scores early in the game.

The only exception to this general rule is clean sheets, which are awarded after the game. It is also worth pointing out that a player must play the whole game to get a clean sheet bonus.

To get you started with an idea as to who picks up the most Media and Performance Football Index dividends, here is a leaderboard of the players who have won the most dividends during the 2018/19 season. (You can find a free dashboard of all dividend winners on and

2018-19 dividend earnings


In-Play Dividends

In addition to the aforementioned dividends, as of November 2018, Football Index now pays out on In-Play dividends. It has been introduced in order to create a simpler way to win but when added in conjunction with the other dividends, it all becomes a little confusing if you don’t take the time to understand how to differentiate between the two.

The first two things to keep in mind are:

  • The In-Play dividend runs alongside the existing dividend structure. In other words, this is an extra dividend, so Media and Performance dividends are still won as before.
  • The In-Play dividends can only be won on shares you have owned for less than 30 days. This has been introduced to try and increase the amount of trading done on the platform and means that if you have owned someone for over 30 days, they are only eligible for the Media and Performance dividends as before.

So, what exactly are these dividends? The table below gives you the simple pay-out structure:

Football Index IPD structure

The goal and assist dividends are won every time a player completes one of these actions. For example, if he’s a striker and he scores three and assists one goal, the pay-out will be (3 x 1p) + (1 x 1p) totalling four pence per share, as well as any media or performance dividend that may come from such a good performance.

Clearly, a goalkeeper can only lay claim to one clean sheet per game.

The next thing to understand is when you are eligible to win these dividends.

As we have already established, you need to have bought the shares within the last 30 days to qualify, but there’s more. Unlike other dividend payments that require you to own that player by 2pm on the day of the dividend win to be able to qualify, the In-Play dividends actually don’t have a cut-off period. In fact, all you need to do is own them on that day (I.e. before midnight) and hold them past midnight on that day. So, if our hat-trick hero example above occurs during a 5:30pm kick off on a Saturday, you can still purchase him during or even after the game has finished and still qualify for the seven pence dividend, as well as any future In-Play dividends he may win in the 30-day period, should you choose to hold him that long.
These dividends are paid out daily too and broken down based on the action they’ve been rewarded for, as seen below.
IPD breakdown example


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