Terms of Service

Last updated: May 12, 2026

These Terms of Service (the "Terms") form a binding agreement between you ("you", "your", "User", or "Subscriber") and the operator of diviStock.io (the "Service", "we", "us", or "our"). By accessing, browsing, registering for, or paying for the Service, you confirm that you have read, understood, and agree to be bound by these Terms in full. If you do not agree to any part of these Terms, do not access or use the Service.

1. Nature of the Service — Publisher, Not Adviser

diviStock is an impersonal financial publisher. We publish ex-dividend calendars, historical statistics, algorithmic trade signals, and educational commentary regarding the dividend-capture trading strategy. We do not provide investment advice tailored to any specific person.

1.1 No registered adviser relationship

• We are not a registered investment adviser, portfolio manager, dealing representative, exempt market dealer, broker-dealer, or financial planner in any jurisdiction.
• We are not registered with the United States Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), any United States state securities regulator, the Ontario Securities Commission (OSC), any provincial or territorial Canadian securities regulator, the Canadian Investment Regulatory Organization (CIRO), or any other regulator.
• Your use of the Service does not create a fiduciary, advisory, broker-client, dealer-client, agency, partnership, or any similar relationship between you and us.

1.2 Impersonal content only

All signals, alerts, lists, calendars, statistics, charts, narrative content, push notifications, and emails published through the Service (collectively, the "Content") are generic and impersonal. The Content is not tailored to your investment objectives, financial situation, risk tolerance, tax circumstances, time horizon, account type, jurisdiction, or any other personal factor. Identical Content is delivered to all subscribers in the same tier; we have no way of knowing whether any specific signal is suitable for you, and we make no representation that it is.

1.3 Reliance on regulatory exemptions

We rely on, among others, the publisher's exclusion under §202(a)(11)(D) of the United States Investment Advisers Act of 1940 (as interpreted in Lowe v. SEC, 472 U.S. 181 (1985)) and the generally-available-advice provisions of Canadian National Instrument 31-103 and applicable provincial guidance. Nothing in these Terms or in our Content shall be construed as personalized investment advice, a recommendation to buy or sell any security, or a solicitation to enter into any securities transaction.

2. Eligibility

By using the Service you represent and warrant that:

• You are at least 18 years of age (or the age of majority in your province, state, or country, whichever is greater);
• You have the legal capacity to enter into a binding contract;
• You are not a person barred from receiving services under the laws of Canada, the United States, or any other applicable jurisdiction;
• You are not located in a jurisdiction in which receipt of the Service would violate applicable law; and
• All information you provide to us is true, accurate, current, and complete.

3. Risk Disclosures

3.1 Trading involves substantial risk of loss

Trading securities is risky. You can lose money. You can lose all of the money you invest. You can lose more money than you invest if you use margin, options, or leveraged products. Past performance of any strategy, signal, security, or market is not a guarantee of, and is not necessarily indicative of, future results. You should not trade with money you cannot afford to lose.

3.2 Dividend-capture specific risks

The dividend-capture strategy involves additional risks beyond general market risk:

• Ex-dividend price adjustment. Stocks typically open lower by approximately the dividend amount on the ex-dividend date. There is no guarantee that the price will recover, fully or partially, before, on, or after the dividend payment.
• Holding-period requirements. Dividends may be classified as "unqualified" for US tax purposes, or may not qualify for the Canadian dividend tax credit, if the underlying holding period does not meet statutory minimums. Short-term capture strategies frequently fail to meet these holding requirements.
• Commission, slippage, and spread costs. Brokerage commissions, market spreads, and execution slippage can eliminate or exceed any expected gain from a dividend capture, particularly on smaller positions.
• Liquidity and volatility. Spreads widen and price moves intensify around ex-dividend dates and earnings releases. Orders may fill at prices substantially different from quoted prices.
• Tax inefficiency. Short-term capital gains are typically taxed at higher rates than long-term gains. Frequent trading can produce significant tax liability that erodes net returns.
• Currency risk. Trading securities denominated in a currency other than your home currency introduces foreign-exchange risk that may exceed the gain from a dividend capture.
• Corporate actions. Dividends may be deferred, reduced, eliminated, or paid in different form (e.g., stock dividend, special dividend, return of capital) after a signal is published.

This list is illustrative and not exhaustive. You should consult a registered investment adviser, tax professional, and accountant licensed in your jurisdiction before trading any signal.

3.3 "As-is" and "as-available"

The Service and Content are provided strictly on an "AS IS" and "AS AVAILABLE" basis. To the maximum extent permitted by applicable law, we expressly disclaim all warranties, conditions, representations, and guarantees of any kind, whether express, implied, statutory, or otherwise, including without limitation any warranty of merchantability, fitness for a particular purpose, non-infringement, accuracy, completeness, timeliness, profitability, suitability, or quiet enjoyment.

3.4 Data accuracy disclaimer

We aggregate data from third-party sources including stock exchanges, market data vendors, and corporate filings. We do not warrant the accuracy, completeness, or timeliness of any data shown. Ex-dividend dates, dividend amounts, prices, and corporate-action data may be inaccurate, outdated, missing, or revised without notice. You must independently verify all information directly with your broker, the issuer, and the relevant securities regulator before relying on it for any trading decision.

4. Subscriptions, Fees, and Billing

4.1 Fees and currency

Some features of the Service require a paid subscription. Current pricing is published at /pricing. All fees are listed in Canadian Dollars (CAD) unless otherwise stated, and are exclusive of any applicable taxes unless explicitly marked as tax-inclusive.

4.2 Automatic renewal

Paid subscriptions renew automatically at the end of each billing cycle at the then-current price for the applicable tier, charged to the payment method on file, until you cancel. By starting a paid subscription you authorize us and our payment processor (Stripe) to charge your payment method on a recurring basis.

4.3 Cancellation

You may cancel your subscription at any time through your account page. Cancellation takes effect at the end of the current paid period. You will continue to have access to paid features until the end of the period for which you have paid.

4.4 No refunds policy

All payments are final and non-refundable, except where required by mandatory consumer-protection law in your jurisdiction (including but not limited to the Ontario Consumer Protection Act, 2002 and equivalent legislation in other provinces and US states). We do not offer pro-rated refunds for unused portions of a billing cycle, refunds based on dissatisfaction with signal performance, refunds based on unrealized losses, or refunds for any reason within our discretion except as required by law.

4.5 Price changes

We may change subscription prices at any time. Price changes apply to renewals after notice has been provided to you by email at least 14 days in advance. You may avoid a price change by cancelling before the next renewal.

4.6 Failed payments

If a renewal payment fails, we may suspend or cancel your access. You remain responsible for fees lawfully owed.

5. Conflict of Interest Disclosure

The operator(s), employee(s), contractor(s), agents, and affiliates of diviStock may personally hold, buy, sell, or otherwise transact in the securities mentioned, listed, alerted, or otherwise referenced through the Service, including positions in the same securities at the same time as signals are published. We may execute trades in such securities before, simultaneously with, or after publishing signals. We are under no obligation to disclose specific positions or trades. Subscribers acknowledge this conflict and waive any claim arising from it.

6. Intellectual Property and Permitted Use

6.1 Ownership

All Content, including without limitation the calendar data, signals, alerts, algorithms, statistics, charts, written commentary, branding, logos, design, code, and underlying methodology, is owned by us or licensed to us, and is protected by Canadian, US, and international copyright, trademark, trade-secret, and other intellectual-property law.

6.2 Limited license to subscribers

Subject to compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to access and view the Content solely for your own personal, non-commercial use during the period for which you have paid (or, for free-tier features, during your active subscription).

6.3 Prohibited uses

You agree that you will not, and will not permit any other person to:

• Copy, reproduce, republish, redistribute, resell, sublicense, transmit, broadcast, or publicly display any Content;
• Share signals, alerts, or any other Content with any person who is not also a current paid subscriber;
• Use any Content to create a derivative work, a competing product, or any product or service that incorporates our signals or methodology;
• Scrape, crawl, index, harvest, or extract data from the Service by any automated means;
• Circumvent or attempt to circumvent any access controls, paywalls, rate limits, or technical protections;
• Reverse-engineer, decompile, disassemble, or attempt to derive the source code of any part of the Service;
• Use the Service in any manner that violates applicable law or these Terms.

We reserve all rights not expressly granted. Unauthorized use may result in immediate termination, forfeiture of paid fees, and legal action.

7. User Accounts and Security

You are responsible for maintaining the confidentiality of your account credentials and for all activity that occurs under your account. You must notify us immediately of any unauthorized access. We are not liable for any loss arising from your failure to safeguard your credentials.

8. Termination

8.1 By you

You may terminate your account at any time by cancelling your subscription and contacting us to request data deletion.

8.2 By us

We may suspend or terminate your access immediately, without notice or refund, if we determine in our sole discretion that you have violated these Terms, the law, or the rights of any third party. We may also suspend or discontinue the Service in whole or in part at any time, with or without notice, and without liability.

8.3 Effect of termination

Upon termination, your right to access the Service ends immediately. Sections of these Terms that by their nature should survive termination (including without limitation Sections 3, 5, 6, 9, 10, 11, 12, and 13) shall survive.

9. Disclaimers and Limitation of Liability

9.1 Aggregate cap on liability

To the maximum extent permitted by applicable law, our total aggregate liability to you for any and all claims arising out of or relating to these Terms or the Service shall not exceed the greater of (a) the total amount you have paid us in the twelve (12) months immediately preceding the event giving rise to the claim, or (b) one hundred Canadian dollars (CAD $100).

9.2 Excluded damages

To the maximum extent permitted by applicable law, in no event shall we, our affiliates, officers, directors, employees, contractors, agents, suppliers, or licensors be liable to you or any third party for any of the following, regardless of legal theory and even if we have been advised of the possibility of such damages:

• Trading losses, lost profits, or lost opportunities;
• Loss of investment capital, principal, or expected returns;
• Lost data, business interruption, or loss of goodwill;
• Tax penalties, interest, or any other tax-related cost;
• Any indirect, incidental, special, consequential, exemplary, or punitive damages;
• Damages arising from third-party content, third-party data, or third-party services (including without limitation Stripe, Resend, Railway, Cloudflare, and any market-data provider).

9.3 Basis of the bargain

You agree that the limitations of liability in this Section 9 are an essential element of the bargain between you and us, and that we would not provide the Service to you without these limitations.

9.4 Jurisdictional carve-out

Some jurisdictions do not permit the exclusion or limitation of certain damages. In such jurisdictions, the foregoing limitations apply to the maximum extent permitted by law, and any liability that cannot be excluded shall be limited to the minimum amount permitted by law.

10. Indemnification

You agree to indemnify, defend, and hold harmless us, our affiliates, and our and their officers, directors, employees, contractors, and agents from and against any and all claims, demands, losses, liabilities, damages, costs, and expenses (including reasonable legal fees) arising out of or related to: (a) your use of the Service; (b) any trading decision you make in connection with the Service; (c) your breach of these Terms; or (d) your violation of any law or the rights of any third party.

11. Governing Law and Dispute Resolution

11.1 Governing law

These Terms are governed by and construed in accordance with the laws of the Province of Ontario, Canada, and the federal laws of Canada applicable therein, without regard to its conflict-of-laws principles. The United Nations Convention on Contracts for the International Sale of Goods does not apply.

11.2 Forum

You agree that any dispute, claim, or controversy arising out of or relating to these Terms or the Service (a "Dispute") shall be brought exclusively in the courts of the Province of Ontario, located in the City of Toronto, and you irrevocably submit to the personal jurisdiction of those courts. Notwithstanding the foregoing, we may seek injunctive or other equitable relief in any court of competent jurisdiction to protect our intellectual property.

11.3 Informal resolution first

Before filing any Dispute, you agree to first contact us at [email protected] with a written description of the Dispute and a proposed resolution. We will attempt in good faith to resolve the Dispute informally within thirty (30) days.

11.4 Class-action waiver

To the maximum extent permitted by applicable law, you and we each waive any right to bring or participate in any class action, collective action, representative action, or consolidated action arising out of or relating to these Terms or the Service. Each Dispute must be brought in your individual capacity only. If a court of competent jurisdiction determines this waiver is unenforceable, then the entirety of Section 11.4 shall be severed from these Terms, but the remaining provisions shall remain in full force.

12. Modifications to the Terms

We may modify these Terms at any time by posting a revised version at this URL with an updated "Last updated" date. Material changes will additionally be communicated by email to active subscribers. Your continued use of the Service after a change becomes effective constitutes your acceptance of the modified Terms. If you do not agree, you must stop using the Service.

13. General Provisions

13.1 Entire agreement

These Terms, together with our Financial Disclaimer and Privacy Policy, constitute the entire agreement between you and us with respect to the Service and supersede all prior agreements, communications, and proposals.

13.2 Severability

If any provision of these Terms is held to be invalid, illegal, or unenforceable, that provision shall be enforced to the maximum extent permitted by law, and the remaining provisions shall remain in full force and effect.

13.3 No waiver

No failure or delay by us in exercising any right under these Terms shall operate as a waiver of that right.

13.4 Assignment

You may not assign these Terms without our prior written consent. We may assign these Terms freely, including to an affiliate or in connection with a sale of our business.

13.5 No agency

Nothing in these Terms creates a partnership, joint venture, agency, employment, or fiduciary relationship between you and us.

13.6 Force majeure

We are not liable for any failure or delay in performance caused by events beyond our reasonable control, including without limitation acts of God, war, terrorism, civil unrest, government action, labour disputes, internet or telecommunications failures, third-party service-provider outages, or pandemic.

13.7 Notices to you

We may give you notice by email to the address you have provided. You agree that electronic notice satisfies any legal requirement of writing.

13.8 Contact

Questions about these Terms: [email protected].

Acknowledgement. By accessing or using diviStock you confirm that you have read these Terms, understand them, and agree to be bound by them. If you do not agree, you must stop using the Service immediately.