The ETF, launched on Aug 2, 2021, has an annual distribution cycle at the discretion of the fund manager.
The manager of the Lion-OCBC China Leaders ETF has announced a dividend of 3.3 cents per share, representing a dividend yield of 1.78% at June 24’s closing price of $1.853, or 1.65% at the IPO price of $2.
The ex-dividend date will be July 1, with the record date being July 4, and shareholders can expect to be paid on July 25, either directly into their bank accounts or by cheque sent to their address maintained with the Central Depository (CDP).
