State Street Global Advisors Singapore Limited, the manager of the SPDR® Straits Times Index ETF (the “Fund”), has announced a dividend distribution of S\$0.091 per unit. This update, made on February 5, 2025, is significant for investors looking to capitalize on income from this exchange-traded fund (ETF).

Key Details for Shareholders

The dividend is composed of two parts:

• S\$0.085 per unit: Derived from “Singapore one-tier dividend and other exempt income.”
• S\$0.006 per unit: Derived from “income taxable at Trustee level.”

Critical dates for shareholders include:

• Ex-Dividend Date: February 12, 2025
• Record Date: February 13, 2025
• Payment Date: February 26, 2025

The dividend will be distributed directly into investors’ bank accounts or sent via cheque to the registered address with The Central Depository (Pte) Ltd.

Potential Implications for Share Price

While the dividend announcement is positive news for income-focused investors, shareholders should note that the breakdown of the dividend components is subject to change. This variability may arise from additional creations or redemptions of units between the announcement date and the record date. If any changes occur, the Fund’s manager will make a further announcement within a month from the record date. Such updates could influence investor sentiment and market activity.

Additionally, distributions from the Fund are contingent on dividends paid by the Fund’s underlying investments, meaning future distributions are not guaranteed. This uncertainty might affect the ETF’s attractiveness to investors seeking consistent income.

Important Risk Information

Investors are reminded that the SPDR® Straits Times Index ETF carries inherent investment risks, including the potential loss of the principal amount invested. As with any equity-linked investment, past performance is not indicative of future performance. Units in the Fund can only be traded on the Singapore Exchange (SGX-ST), and there is no obligation for the Fund’s manager to redeem units directly from investors while listed. Moreover, the listing on SGX-ST does not guarantee liquidity for the ETF.

The Fund is not sponsored, endorsed, or promoted by entities such as SPH Data Services Pte Ltd, Singapore Press Holdings Ltd, or FTSE International Limited. These entities bear no responsibility for the Fund’s performance or administration.

Conclusion

The announcement of the S\$0.091 per unit dividend demonstrates the Fund’s income potential. However, shareholders should remain vigilant about any changes in the distribution breakdown and weigh the associated risks carefully. The ETF’s performance, tied to the Straits Times Index, and the broader market conditions, may also impact future payouts and share value.