FirstRand Ford-linked ETNs reinvest Ford dividend of $0.15 per share, lifting NAV
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F• Ford dividend reinvested into FirstRand ETNs
FirstRand reported a synthetic reinvestment of Ford Motor’s USD 0.15 per-share dividend into its FDETNC and FDETNQ ETNs.
The dividend was paid Sept. 1, 2026; reinvestment net of 15% tax lifted the fractional Ford share exposure per ETN.
No cash distribution will be made to ETN holders; NAV already reflects the reinvestment at a USD 13.84 closing price.
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FirstRand Ford-linked ETNs reinvest Ford dividend of $0.15 per share, lifting NAV - F News | Rallies
