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Amundi sets dividend dates for ETF distributions

Published 29/11/2024, 14:22

PARIS - Amundi Asset Management has announced to its shareholders the upcoming distribution of annual dividends for two of its exchange-traded funds (ETFs). The dividends will be paid to holders of distribution shares in the Amundi Dow Jones Industrial Average UCITS ETF Dist, as per the schedule outlined by the company.

Shareholders are set to receive their dividends following the key dates specified by the Board of Directors: the record date is December 9, 2024, the ex-date is December 10, 2024, and the payment date is slated for December 13, 2024. The ETFs in question trade under the tickers DJEU LN and DJEL LN, with distribution income amounts of 4.82 in their respective share class currencies, euros (EUR), but will be distributed in U.S. dollars (USD) and British pounds (GBX) respectively.

Amundi has clarified that individual clients may be subject to withholding taxes depending on their country of residence and the tax treaty it holds with France, where the funds are domiciled, or Luxembourg for funds domiciled there.

The declaration of dividends is a routine part of the company's operations, and the announcement is aimed at ensuring that shareholders are aware of the relevant dates and amounts for the distribution. The specific ETFs mentioned are designed to track the Dow Jones Industrial Average and offer investors exposure to a range of large-cap U.S. stocks.

The notice to shareholders is based on a press release statement from Amundi Asset Management and is intended to provide factual information without any endorsement of claims or potential impact on the market.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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