SPDR S&P/ASX 200 Fund (STW) Declares Quarterly Dividend: Key Dates and Reinvestment Option Explained

March 21, 2025 05:49 PM AEDT | By Team Kalkine Media

SPDR S&P/ASX 200 Fund (STW) Declares Quarterly Dividend: Key Dates and Reinvestment Option Explained

Important Distribution Dates

STW has released a timeline outlining key dates for the dividend:

Ex-dividend date: 28 March 2025
Record date: 31 March 2025
Payment date: 10 April 2025

On the ex-dividend date, securities are traded without the value of the upcoming dividend, meaning only holders as of the record date will be eligible to receive the payout.

Dividend Reinvestment Plan (DRP)

Unitholders of SPDR S&P/ASX 200 Fund also have the opportunity to opt into the Dividend Reinvestment Plan (DRP). Through this plan, eligible investors can receive additional units of the fund instead of receiving cash. Participation in the DRP needs to be confirmed no later than 5:00 PM on 31 March 2025.

This option may appeal to long-term investors seeking to grow their holdings in the fund over time without incurring brokerage or transaction fees.

Primary Market Closure

Additionally, it's important to note that the primary market for applications and redemptions will be closed on 28 March 2025 and will reopen on 31 March 2025. This temporary closure is a routine part of managing fund operations around distribution events.

SPDR S&P/ASX 200 Fund remains a benchmark product for those tracking the Australian equities market, providing exposure to large-cap companies including financial, mining, healthcare, and technology sectors such as Commonwealth Bank of Australia (ASX:CBA), BHP Group (ASX:BHP), CSL Limited (ASX:CSL), and Xero Limited (ASX:XRO).

The upcoming dividend distribution underlines the fund’s commitment to passing on returns in line with the underlying index performance and provides unitholders flexibility through the reinvestment option.

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