STANBIC IBTC ETF 30 has announced an interim dividend of ₦3.144 for every unit, subject to appropriate withholding tax and approval.
Stanbic IBTC Asset Management made the disclosure in a Corporate Actions Announcement released on Friday on the Nigerian Exchange Limited.
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On 20 August 2025, dividends will be paid electronically to Unitholders whose names appear on the Register of Members as of 14 August 2025 and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.
Unitholders who are yet to complete the e-dividend registration are advised to download the Registrar’s E-Dividend Mandate Activation Form, which is also available on the website of the Registrars: www.firstregistrarsnigeria.com complete and submit to the Registrar or
their respective Banks.
Stanbic IBTC Asset Management is a subsidiary of STANBIC IBTC Holdings Plc (NGX: STANBIC).
The Stanbic IBTC ETF 30 aims to replicate as closely as possible, before fees and expenses, the total return of The Nigerian Exchange Limited 30 Index (NGX 30 Index) in terms of price performance as well as income from the underlying securities of the index.
Stanbic IBTC ETF 30 was launched in January 2015. The ET invests 100% of its portfolio in equities. Units of the Fund are traded on the floor of the Nigeria Exchange with ticker symbol STANBICETF30.
At the end of trading on Friday, the unit price dropped by 1.96% to close at ₦499.99. This puts the interim dividend yield at 0.62%. The 52-week low price for the unit is ₦252.85, while the 52-week high price is ₦646.00.
Nnamdi Maduakor is a Writer, Investor and Entrepreneur
