September 2023 ETF Dividend Update: Satrix

Published on: Sep 11, 2023 12:00:00 AM

Several exchange-traded funds (ETFs) from Satrix have declared dividends. The last date to trade for these ETFs is within September 2023. It is also worth noting that one of these ETFs reinvests the net payout on behalf of investors (*).

 Satrix

Satrix Capped All Share ETF will be paying R0.07 per share.

  • Last trading date – 12 September 2023
  • Payment date – 18 September 2023

Satrix RAFI 40 Satrix ETF (*) will be paying R0.03 per share.

  • Last trading date – 12 September 2023
  • Payment date – 18 September 2023

 

Dividend-paying ETFs for September 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:

What are Dividends

 

Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by an employee of EasyEquities an authorised FSP (FSP no 22588) as general market commentary and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. First World Trader (Pty) Ltd t/a EasyEquities (“EasyEquities”) does not warrant the correctness, accuracy, timeliness, reliability or completeness of any information (i) contained within this research and (ii) received from third party data providers. You must rely solely upon your own judgment in all aspects of your investment and/or trading decisions and all investments and/or trades are made at your own risk. EasyEquities (including any of their employees) will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice.

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