Betashares Capital Ltd (ASX:AAA) Final Distribution Announcement
Final Distribution Details
Betashares Capital Ltd has announced the final distribution amounts for several exchange-traded funds (ETFs) for the November 2024 distribution period. Each fund’s payout varies, with notable figures including $0.17726049 for the Betashares Australian High Interest Cash ETF and $0.12900000 for the Betashares Ethical Australian Composite Bond ETF. The distributions are part of Betashares’ ongoing effort to provide consistent returns to investors.
Distribution Reinvestment Plan (DRP)
The DRP will operate for all eligible funds, allowing investors to reinvest their distributions. The price for reinvestment will be announced on 02 December 2024, with the processing of units under the DRP occurring on 17 December 2024. Eligible investors must submit their DRP elections by 5pm AEDT on 04 December 2024 to ensure participation.
Payment Timetable
The specific payment timeline notes that the Ex Distribution Date is set for 29 November 2024, with the Record Date occurring on 02 December 2024. Investors must be registered as unitholders by this date to receive their distributions promptly.
Investor Communication
Betashares will notify investors of distribution statements via email for those who have opted for this communication method. Investors are encouraged to register their email preferences through Link Market Services to ensure they receive detailed updates.
Key Takeaway
As each fund operates as an Attribution Managed Investment Trust, distributions may differ from taxable income attributed to investors. Betashares aims to keep its investors informed about their potential returns through clear communication and streamlined processes.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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