Fair Oaks Capital Adjusts Dividend Dates and Rates
Fair Oaks Capital has recently announced important updates regarding the dividend schedule for its Fair Oaks AAA CLO Fund UCITS ETF, listed under the ticker EUR Dist. LU2785470191. Shareholders of this fund can look forward to changes that aim to enhance investor communication and streamline the payment process.
Updated Dividend Schedule
The new ex-date for the upcoming dividend is scheduled for February 3, 2025. Following this, the record date will be observed on February 4, 2025, with payments to be distributed to shareholders on February 6, 2025. This revised schedule is designed to provide clarity to investors regarding when they can expect their dividends.
Dividend Amount
This quarter, shareholders can expect a dividend payment of €7.04 per share. While the fund primarily operates within the European market and all dividends are issued in euros, it's important to note that investors receiving their dividends in different currencies may experience variations due to exchange rates set by brokers or nominees.
For Secondary Market Investors
Investors who purchase shares through the secondary market, such as stock exchanges, should ensure their brokers or nominees are aware of these dividend payments so that they properly process and distribute the proceeds. The responsibility for managing and forwarding these payments lies with the respective brokers.
Company Communication and Support
Frequently Asked Questions
What is the new ex-date for the Fair Oaks AAA CLO Fund's dividend?
The new ex-date is set for February 3, 2025.
How much will the dividend be for each share?
Investors will receive €7.04 per share for this quarterly dividend.
When should shareholders expect to receive their dividend payments?
Payments to shareholders are scheduled for February 6, 2025.
What should secondary market investors do about dividends?
They should ensure that their brokers or nominees are informed to appropriately forward the dividend payments.
Where can shareholders get more information on this announcement?
Shareholders can contact Fair Oaks Capital's Investor Relations team for any further inquiries.
