Futu Holdings’ American depositary shares are higher as the market re-prices the stock ahead of a large special cash dividend and renewed attention on its options product momentum. The company’s board approved a cash dividend that translates to $2.60 per ADS, with payment expected on or around April 29, 2026, which can attract event-driven buyers and income-focused flows even after the ex-dividend date has passed.

The dividend is scheduled for payment on April 29, 2026, and the Options Clearing Corporation has issued a memo describing the cash distribution and associated option-contract adjustments. While the ex-dividend date is reported as April 16, 2026 across market calendars, the approaching payout date can still influence positioning, including hedging and short-term rebalancing as the distribution hits accounts.

Separately, Futu’s April 25 event with Cboe is putting a spotlight on options education and trading tools inside its Futubull app, including features like an unusual activity monitor and options analytics. Futu highlighted March 2026 momentum in options adoption and volume among its customers, reinforcing a growth angle that can matter to investors because options activity can support higher trading volumes and engagement.

Investors will likely monitor whether the post-dividend price adjustment and any related options positioning create additional volatility into the April 29 payment date. The next major fundamental checkpoint is the company’s next earnings report window in late May 2026, when management’s commentary on client asset trends, net inflows, and trading mix could determine whether the rally extends.