State Street Global Advisors (ASX:OZF) has announced the distribution details for the SPDR S&P/ASX 200 Financials Ex A-REIT Fund for the period ending December 31, 2024. The cash distribution per unit is set at 84.5633 cents, accompanied by 29.2477 cents in franking credits. Payments will be made on January 13, 2025.
State Street Global Advisors has detailed the upcoming distribution for its SPDR S&P/ASX 200 Financials Ex A-REIT Fund, highlighting a cash distribution of 84.5633 cents per unit and franking credits of 29.2477 cents. The payment is scheduled for January 13, 2025, with a record date of December 31, 2024. The fund's distribution is composed mainly of net dividends franked, conduit foreign income, and other income. The Distribution Reinvestment Plan is available to investors, excluding those in the US, allowing them to reinvest their distributions. The fund is managed as a managed investment trust, with tax implications detailed for the tax year ending June 30, 2025. The announcement provides clarity on the fund's income sources and investor options.
The distribution reflects the fund's income sources, with 76.6708% from net dividends franked, 19.1707% from conduit foreign income, and 3.1731% from other income. The record date is December 31, 2024, with the Distribution Reinvestment Plan available, excluding US investors.