FirstRand says Disney dividend boosts NAV for WDETNC, WDETNQ ETNs via synthetic reinvestment - DIS News | RalliesFirstRand says Disney dividend boosts NAV for WDETNC, WDETNQ ETNs via synthetic reinvestment
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DIS• Disney dividend lifts ETN NAVs via synthetic reinvestment
- FirstRand reported Walt Disney paid a USD 0.75 per share dividend on July 22, 2026 for WDETNC and WDETNQ ETNs.
- The dividend was synthetically reinvested at USD 95.87 per share, net of a 15% tax rate, with no cash distribution to ETN holders.
- The reinvestment amount was set at USD 0.6375 per share, lifting the fractional Disney share reference per ETN.
- Published NAVs for the ETNs were updated to reflect the dividend reinvestment.
