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