Switzer Dividend Growth Fund Announces the Distribution for the Quarter Ending 31 December 2020, Payable on January 19, 2021
January 04, 2021 at 02:58 am IST
Switzer Asset Management Limited as responsible entity of the Switzer Dividend Growth Fund (Quoted Managed Fund), announced that the fund will pay an actual distribution of $0.010545 per unit, for the quarter ending 31 December 2020. It is estimated that this distribution will be 100% franked. The December 2020 quarterly distribution is lower than previous corresponding periods due to the COVID-19 pandemic which has impacted dividend payout ratios for most companies in Australia. The dividend will be payable on January 19, 2021, with a record date of January 05, 2021. The ex-date was January 04, 2021.