BlackRock Investment Management (ASX:ILB) has announced an estimated distribution for the Australian domiciled iShares exchange traded funds (Funds) listed on the ASX. The distribution timetable for each Fund has been provided, with applications for unit redemptions set to re-open on 10 October 2024. ASX secondary market trading of units in the Funds will remain available during this period.
BlackRock Investment Management (Australia) Limited (BIMAL) has announced the estimated distribution for the iShares ETFs, providing details of the distribution timetable and the opening of the Distribution Reinvestment Plan (DRP) for each Fund. Eligible investors are advised to opt in to the DRP by 5pm on 9 October 2024 to ensure prompt receipt of the dividend payment. Additionally, BlackRock emphasizes its sustainability strategy, encouraging investors to provide their email addresses for electronic statements to reduce global paper consumption.
BlackRock Investment Management (ASX:ILB) has announced the estimated distribution for the Australian domiciled iShares exchange traded funds (Funds) listed on the ASX. The distribution timetable for each Fund has been provided, with applications for unit redemptions set to re-open on 10 October 2024. ASX secondary market trading of units in the Funds will remain available during this period. Eligible investors are advised to opt in to the Distribution Reinvestment Plan (DRP) by 5pm on 9 October 2024 to ensure prompt receipt of the dividend payment. BlackRock's sustainability strategy aims to minimize environmental impact and reduce paper consumption by defaulting to electronic statements for iShares ETF investments. Investors are encouraged to consider the latest product disclosure statement (PDS) before making any investment decision and to obtain tailored financial advice. The announcement reflects BlackRock's commitment to providing general information and ensuring high service standards to its clients.