Key facts about SPDR's distribution announcement

The SPDR S&P/ASX 200 Fund (ASX:STW) has announced a final distribution update for its dividend/distribution ending December 31, 2024. This update includes crucial details about the dividend amount, payment date, and Dividend Reinvestment Plan options available to investors. The primary market will close on December 30, 2024, and reopen on December 31, 2024.

Summary and outlook on SPDR's distribution update

The SPDR S&P/ASX 200 Fund (ASX:STW) has provided a comprehensive final distribution update for the quarter ending December 31, 2024. Key aspects include a total distribution of AUD 0.77053000 per security, set to be paid on January 13, 2025. The distribution is 74.1773% franked, with a significant portion of the dividend benefiting from a corporate tax rate of 30.3085%. Investors are given the option to participate in the Dividend Reinvestment Plan, allowing for reinvestment of dividends. This update finalizes the quarterly reporting cycle, offering transparency and options for investors seeking to optimize their investment strategy with the DRP.

Executive commentary on SPDR's announcement

This update serves as an amendment to a previous announcement made on December 20, 2024. The total distribution amount per security is AUD 0.77053000, with the payment date set for January 13, 2025. The dividend is 74.1773% franked, and the Dividend Reinvestment Plan is applicable, offering security holders the option to reinvest.