January 2024 ETF Dividend Update: Satrix, 1nvest and FNB

This week, there are more ETFs from 1nvest, FNB, and Satrix preparing to pay dividends.

These funds include:

• 1nvest TOP 40 ETF: holds the 40 largest companies by market capitalization listed on the JSE.
• 1nvest SA Property ETF: Invests in South African property stocks and Real Estate Investment Trusts (REITs).
• FNB MidCap ETF: Provides investors with exposure to the mid-cap shares listed on the JSE. 
• FNB Government Inflation Linked Bond ETF: Invests in South African government bonds with inflation-linked returns.
• Satrix S&P South Africa Top 50 ETF: Invests in the 50 largest and most liquid companies listed on the JSE.

Satrix S&P South Africa Top 50 ETF will thereafter delist in February 2024.

Satrix

Satrix S&P South Africa Top 50 ETF will be paying R0.12 per share. 

• Last trading date – 25 January 2024
• Payment date - 31 January 2024

1nvest

1nvest SA Bond ETF will be paying R2.42 per share. 

• Last trading date – 23 January 2024
• Payment date – 29 January 2024

1nvest Global REIT Index Feeder ETF will be paying R0.20 per share. 

• Last trading date – 23 January 2024
• Payment date – 29 January 2024

1nvest SA Property ETF will be paying R0.95 per share. 

• Last trading date – 23 January 2024
• Payment date – 29 January 2024

1nvest MSCI World Socially Responsible Investment Index Feeder ETF will be paying R0.48 per share. 

• Last trading date – 23 January 2024
• Payment date – 29 January 2024

1nvest TOP 40 ETF will be paying R0.31 per share. 

• Last trading date – 23 January 2024
• Payment date – 29 January 2024

1nvest SWIX 40 ETF will be paying R0.06 per share. 

• Last trading date – 23 January 2024
• Payment date – 29 January 2024

FNB

FNB MidCap ETF will be paying R0.06 per share. 

• Last trading date – 23 January 2024
• Payment date – 29 January 2024

FNB Government Inflation Linked Bond ETF will be paying R0.10 per share. 

• Last trading date – 23 January 2024
• Payment date – 29 January 2024

FNB Top 40 ETF will be paying R0.33 per share. 

• Last trading date – 23 January 2024
• Payment date – 29 January 2024

Dividend-paying ETFs may not be limited to the above list. Should more ETFs declare dividends, further updates will be provided.

Some of the above-listed ETFs are available in your Tax-Free Savings Account (TFSA). Using a TFSA allows you to invest up to R36k annually and R500k over a lifetime tax-free. To read more on TFSAs, you can click here.

*20% Tax applicable on dividends payout unless stated otherwise by the fund.📁

Read more on dividends in our FAQ Portal by clicking here or using the option below: