LONDON - Leverage Shares plc has declared upcoming interest payments for a range of Exchange-Traded Products (ETPs), as per a recent press release statement. The notification details interest amounts for eleven different ETP securities, with the Interest Declaration Date set on December 31, 2024.
The ETPs affected include those based on gold yields, various technology companies, and major stock indices. Among the specific ETPs are IncomeShares Gold+ Yield ETP, IncomeShares NVIDIA (NASDAQ:NVDA) Options ETP, and IncomeShares Tesla (NASDAQ:TSLA) Options ETP, as well as products tied to the performance of the Nasdaq 100, S&P 500, Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL) (GOOG), META (NASDAQ:META), Microsoft (MSFT), and Coinbase (NASDAQ:COIN).
The Interest Ex Date, when the securities stop trading with the right to receive the declared interest, is set for January 2, 2025. The Record Date, which is the cutoff for determining the shareholders eligible for the interest payment, is scheduled for January 3, 2025. The actual payments are due to be disbursed to entitled security holders on January 13, 2025.
Interest amounts per ETP security vary, with the IncomeShares Coinbase (COIN) Options ETP set to distribute the highest amount of $1.20 per security. In contrast, the IncomeShares Apple (AAPL) Options ETP will pay out $0.039 per security, reflecting the diversity in performance and valuation across the different ETPs.
This announcement is particularly relevant for investors holding these specific ETP securities, as it provides them with essential information regarding the timing and amount of interest payments they can expect. It also serves as a notice for those who have recently sold or transferred their holdings to pass on the information to the purchaser or transferee.
The press release does not provide further details on the broader market implications of these interest payments. However, the information is grounded in the Master Definitions Schedule related to the Programme dated July 17, 2024, indicating a structured and pre-defined process for interest declarations by Leverage Shares plc.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.