It's August, and there are several exchange-traded funds with upcoming last dates to trade. The update also includes an ETF with a reinvestment policy (*), where the net payout is reinvested on behalf of investors. Here's the list.
Satrix
Satrix RAFI 40 ETF (*) will be paying R0.01 per share.
FNB
FNB Global 1200 Equity FOF ETF will be paying R0.33 per share.
FNB World Government Bond ETF will be paying R0.03 per share.
Dividend-paying ETFs for August 2023 may not be limited to the above list. Should more ETFs declare dividends, further updates will be provided.
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: