Key details on iShares ETF distributions

iShares, listed on the Australian Securities Exchange under the code IJH, has announced estimated distributions for its exchange-traded funds (ETFs). The iShares S&P Mid-Cap ETF will distribute 16.361889 cents per unit. Key dates include the ex-date on 27 December 2024, with payments commencing on 9 January 2025. Investors are advised to provide banking details for timely dividend receipt.

Comprehensive overview of distribution announcement

BlackRock Investment Management (Australia) Limited (BIMAL) has outlined estimated distributions for its iShares ETFs, including the iShares S&P Mid-Cap ETF (IJH), set at 16.361889 cents per unit. Investors must opt-in for the Distribution Reinvestment Plan (DRP) by 24 December 2024 to reinvest their dividends. Key dates in the distribution process include the ex-date on 27 December and the payment date on 9 January 2025. BIMAL emphasizes sustainable practices, encouraging investors to switch to electronic communications. They also remind investors to ensure bank details are registered by the record date for prompt receipt of dividends. The announcement underscores the importance of evaluating investment suitability individually and highlights BlackRock's commitment to sustainability.

Executive insights on ETF distributions

BlackRock advocates for sustainable practices, emphasizing electronic communication. BIMAL advises investors to assess the suitability of investments based on individual circumstances and to seek financial advice if necessary.