ACE US Dividend Dow Jones ETF Changes Payout Date to 15th of Every Month
Korea Investment Management has announced that the payout date for its ACE US Dividend Dow Jones ETF will be changed from the last business day of each month to the 15th of each month. This change will take effect from September onwards, with the August payout being combined with the September payout. Launched in October 2021, the ETF boasts a net asset value of KRW 399.3 billion. Sung Hyun Kim from ETF Consulting noted the advantage of receiving dividends twice a month.
The ACE US Dividend Dow Jones ETF tracks the same index as the popular SCHD ETF and invests in 100 top-performing US companies that have paid dividends for over a decade. Individual investors have net purchased KRW 104.6 billion worth of this ETF this year, and its returns have been notable at 6.39% over 3 months, 9.64% over 6 months, 15.33% year-to-date, and 32.04% since its inception.
If the 15th is not a business day, the payout date will be adjusted to the previous business day. The ETF's impressive performance has secured its position as a top-performing fund within its category. According to the Korea Exchange, the ACE US Dividend Dow Jones ETF continues to attract investors and remains a compelling investment option due to its consistent returns.
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Hanwha Investment Management Changes Dividend Payment Record Date for US Dividend Dow Jones ETF - White Paper[White Paper=Reporter Go Su-ah] Korea Investment Management announced on the 30th that it would change the dividend payment record date for the ACE US Dividend Dow Jones ETF to the 15th of every month. Accordingly, the current dividend payment record date, which was the last business day of each month, will be changed to the 15th of each month (or the immediately preceding business day if it is not a business day). This change will take effect from next month, and the dividends scheduled for August at the end of this month will be combined with the September dividends and paid together. The record date for September dividends is the 13th of next month, and the expected payment date is the 20th. Kim Seung-hyun, Director of ETF Consulting at Korea Investment Management, said, “We provide investors with a variety of options for monthly dividend products.
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Korea Investment Management Changes Dividend Payment Date for US Dividend Dow Jones ETF from End of Month to 15th - Chosun IlboKorea Investment Management announced on the 30th that it will change the dividend payment date for the ACE US Dividend Dow Jones ETF from the last business day of each month to the 15th of each month. Previously, the ACE US Dividend Dow Jones ETF dividends were paid on the last business day of each month.
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Hanwha Investment Management Changes 'ACE US Dividend Dow Jones' Distribution Date - MoneyTodayHanwha Investment Management announced on the 30th that the distribution date for the 'ACE US Dividend Dow Jones' ETF will be changed to the 15th of every month. Previously, the distribution date was the last business day of each month. The change will take effect in September, and the August distribution, originally scheduled for the end of August, will be combined with the September distribution...
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Korea Investment Management Changes ACE US Dividend Dow Jones Payout Date: End of Month to Mid-Month - EdailyKorea Investment Management announced on the 30th that it will change the payout date for its ETF ‘ACE US Dividend Dow Jones’ to the 15th of each month. (Photo = Korea Investment Management) The payout date for ACE US Dividend Dow Jones ETF, which was previously the last business day of the month, will now be the 15th (business day) ...
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