SPDR S&P/ASX Small Ordinaries Fund (ASX:SSO) Announces Year-End Distribution
Distribution Announcement
The SPDR S&P/ASX Small Ordinaries Fund (SSO) has declared a cash distribution of 13.3458 cents per unit for the period ending 31 December 2024. This announcement has been approved by the Board of State Street Global Advisors, Australia Services Limited.
Financial Breakdown
The distribution includes 4.8019 cents in franking credits and 0.2413 cents in foreign tax credits. Various components of the distribution are detailed as follows: 62.1914% of the net dividends are franked, while 4.4800% are unfranked. The record date for this distribution is set for 31 December 2024.
Investor Considerations
Units will trade ex-distribution commencing 30 December 2024. The distribution payout will occur on 13 January 2025. Additionally, the Distribution Reinvestment Plan (DRP) is available for participants, allowing reinvestment in units.
Tax Classification
The fund confirms its status as a managed investment trust for the financial year ending 30 June 2025. Investors needing further information are encouraged to reach out to the registrar, Link Market Services Limited.
Motley Fool contributor Lianne Eastty 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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