FirstRand says Eli Lilly $1.73 dividend boosts NAV for LLETNC, LLETNQ ETNs via synthetic reinvestment

PUBT · 2d ago
FirstRand says Eli Lilly $1.73 dividend boosts NAV for LLETNC, LLETNQ ETNs via synthetic reinvestment
  • FirstRand reported a synthetic reinvestment of Eli Lilly’s $1.73-per-share dividend into its LLETNC and LLETNQ ETNs.
  • Dividend reinvested net of a 15% effective tax rate, implying $1.4705 per share reinvested at a $1,123 share price.
  • Reinvestment increased the fractional shares referenced by each ETN, with no cash distribution to holders.
  • Net asset value for both ETNs was updated to reflect the dividend on Sept. 10, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FirstRand Bank Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S603174), on September 11, 2026, and is solely responsible for the information contained therein.