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FirstRand says BlackRock pays $5.73 dividend, reinvested into BRETNC and BRETNQ ETNs NAV

FirstRand says BlackRock pays $5.73 dividend, reinvested into BRETNC and BRETNQ ETNs NAV

BitgetBitget2026/09/23 14:00
  • FirstRand flagged a NAV-impacting synthetic dividend reinvestment for BRETNC and BRETNQ ETNs tied to BlackRock.
  • BlackRock paid a dividend of $5.73 per share on Sept. 22, 2026; no cash distribution will be made to ETN holders.
  • Dividend was reinvested net of a 15% tax rate, implying $4.87 per share reinvested at $1,090.27 per share.
  • Reinvestment increases the fractional number of BlackRock shares referenced by each ETN; published NAV already reflects the change.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FirstRand Bank Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S603741), on September 23, 2026, and is solely responsible for the information contained therein.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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