Hamilton ETFs Announces Upcoming Cash Distributions for Investors

Hamilton ETFs Reveals Distribution Announcements

Hamilton Capital Partners Inc. (“Hamilton ETFs”) is thrilled to share details regarding the monthly and quarterly cash distributions for its ETFs, all available on the Toronto Stock Exchange. These distributions cover the period ending September 30, 2024, showcasing the firm’s commitment to delivering value to its unitholders.

Understanding Distribution Variability

It's important to recognize that distributions may fluctuate from period to period, reflecting the dynamism of the financial markets. The firm is dedicated to adjusting its offerings based on market conditions, ensuring that investors have access to competitive payouts.

Ex-Dividend Date and Payment Schedule

For investors keeping track, the ex-dividend date for these distributions is expected to be September 27, 2024. Unitholders of record on this date will be eligible to receive their distributions. These payments will be dispensed in cash or reinvested into additional units of the ETF for those enrolled in the dividend reinvestment plan (DRIP). The anticipated payment date is around October 7, 2024.

Detailed Distribution Estimates for Various ETFs

The following table summarizes the expected cash distributions per unit for Hamilton ETFs, along with their respective frequencies:

Monthly Distributions

ETF Name: Hamilton Global Financials ETF, Ticker: HFG, Regular Cash Distribution: $0.0700, Frequency: Monthly

ETF Name: Hamilton Canadian Bank Mean Reversion Index ETF, Ticker: HCA, Regular Cash Distribution: $0.0960, Frequency: Monthly

ETF Name: Hamilton Canadian Bank Equal-Weight Index ETF, Ticker: HEB, Regular Cash Distribution: $0.0690, Frequency: Monthly

ETF Name: Hamilton Enhanced Canadian Bank ETF, Ticker: HCAL, Regular Cash Distribution: $0.1270, Frequency: Monthly

ETF Name: Hamilton Enhanced Canadian Financials ETF, Ticker: HFIN, Regular Cash Distribution: $0.0750, Frequency: Monthly

ETF Name: Hamilton Enhanced Utilities ETF, Ticker: HUTS, Regular Cash Distribution: $0.0760, Frequency: Monthly

ETF Name: Hamilton Enhanced Multi-Sector Covered Call ETF, Ticker: HDIV, Regular Cash Distribution: $0.1710, Frequency: Monthly

ETF Name: Hamilton Enhanced U.S. Covered Call ETF, Ticker: HYLD, Regular Cash Distribution: $0.1430, Frequency: Monthly

ETF Name: Hamilton Canadian Financials YIELD MAXIMIZER ETF, Ticker: HMAX, Regular Cash Distribution: $0.1700, Frequency: Monthly

ETF Name: Hamilton Utilities YIELD MAXIMIZER ETF, Ticker: UMAX, Regular Cash Distribution: $0.1700, Frequency: Monthly

ETF Name: Hamilton U.S. Bond YIELD MAXIMIZER ETF, Ticker: HBND, Regular Cash Distribution: $0.1330, Frequency: Monthly

ETF Name: Hamilton U.S. Financials YIELD MAXIMIZER ETF, Ticker: FMAX, Regular Cash Distribution: $0.1620, Frequency: Monthly

Quarterly Distributions

ETF Name: Hamilton Australian Bank Equal-Weight Index ETF, Ticker: HBA, Regular Cash Distribution: $0.3100, Frequency: Quarterly

ETF Name: Hamilton U.S. Mid-Cap Financials ETF, Ticker: HUM, Regular Cash Distribution: $0.1000, Frequency: Quarterly

About Hamilton ETFs

With assets exceeding $5 billion under management, Hamilton ETFs stands out as one of the fastest-growing ETF providers in Canada. Their range of innovative exchange-traded funds (ETFs) is designed to optimize income and foster growth across trusted sectors. Additionally, Hamilton ETFs frequently provides insights into the financial services sector and has established itself as an authority on Canadian banks. Investors can stay updated with the firm’s Insights on their website.

Frequently Asked Questions

What are cash distributions?

Cash distributions are payments made to unitholders of an ETF, typically based on the earnings generated by the fund's investments.

How often are distributions paid?

Distributions can be either monthly or quarterly, depending on the specific ETF, as detailed in the announcements.

Can I reinvest my distributions?

Yes, unitholders can opt to reinvest their cash distributions into additional units of the ETF via a dividend reinvestment plan (DRIP).

What happens if I miss the ex-dividend date?

If you miss the ex-dividend date, you will not be eligible to receive the upcoming distribution; you'll have to wait for the next distribution cycle.

Where can I find more information about Hamilton ETFs?

More information is available on the Hamilton ETFs website, where they provide insights, fund performance, and updates.

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