BlackRock's latest ETF distribution announcement

BlackRock Investment Management (Australia) (ASX:IJH) has announced the final distribution for its iShares ETFs for the period ending December 2024. The iShares S&P Mid-Cap ETF (IJH) will distribute 16.361889 cents per unit. Important dates like the ex-date, record date, and payment date are provided.

Key takeaways from BlackRock's distribution announcement

BlackRock Investment Management (Australia) has released details for the final distribution of its iShares ETFs for December 2024, including key dates and distribution amounts. With the iShares S&P Mid-Cap ETF (IJH) distributing 16.361889 cents per unit, investors are provided with a comprehensive timetable for processing these distributions. The announcement highlights that the Distribution Reinvestment Plan is available, enabling investors to reinvest their distributions. BlackRock continues to push sustainability goals by promoting electronic communications. This announcement underscores BlackRock's commitment to providing detailed guidance to investors and maintaining transparency in its ETF management. Investors are encouraged to stay informed and consider utilizing available resources to make well-informed decisions.

Executive insights on distribution details

The announcement includes a list of iShares ETFs with their respective cash distributions per unit. Notable funds and their distributions include: iShares MSCI Emerging Markets ex China ETF (EMXC) - 25.792661 cents per unit, iShares Asia 50 ETF (IAA) - 199.973474 cents per unit, iShares MSCI Emerging Markets ETF (IEM) - 61.402726 cents per unit, iShares S&P Mid-Cap ETF (IJH) - 16.361889 cents per unit, iShares Global 100 ETF (100) - 57.009728 cents per unit. The Distribution Timetable includes an Estimated Distribution Announcement Date of 24 December 2024, Ex-Date of 27 December 2024, Confirmed Distribution Announcement Date of 30 December 2024, Record Date of 30 December 2024, and Payment Date of 9 January 2025. The Distribution Reinvestment Plan is open for this distribution, and investors can reinvest their distributions according to the DRP rules available on the BlackRock website. To receive the distribution, investors must be registered unitholders by the Record Date. Investors opting for cash payment should provide their Australian bank account details to the share registrar before the Record Date to ensure prompt receipt. BlackRock emphasizes its commitment to sustainability by encouraging electronic communications. The default communication preference for investors is via email, with postal statements sent only upon request. The announcement advises investors to consider their financial situation and seek tailored financial advice before making investment decisions. It also emphasizes reviewing the latest product disclosure statement (PDS) and target market determination (TMD) for any BlackRock fund.