The State Street SPDR Straits Times Index (STI) Exchange Traded Fund (ETF) pays out dividend payouts bi-annually i.e. twice a year in February and August.
Most recently, our Singapore domestic equities index tracker SPDR STI ETF has declared its dividend payout of SGD $0.086 for August 2024.
Table of ContentsOverview – SPDR Straits Times Index ETF
The State Street SPDR (pronounced as spider) Straits Times Index ETF is one of the oldest ETFs in Singapore.
Fund inception date is 11 April 2002SGX listing date is 17 April 2002
That’s pretty impressive with a history of over two decades!
The Straits Times Index, maintained by FTSE International Limited, represents the performance of the top 30 eligible companies.
The 30 constituents of the Straits Times Index can be found on the SGX.
Meanwhile, the Index constituents are reviewed semi-annually in March and September and are diversified across all sectors.
The Fund’s investment objective is to replicate as closely as possible, before expenses, the performance of the Straits Times Index. It will seek to achieve this objective by investing all, or substantially all, of its assets in Index Shares in substantially the same weightings as reflected in the Index.
Key Information About The STI ETF
Stock Code → ES3Board Lot Size → 1Distribution Frequency → February and AugustBenchmark → Straits Times IndexTotal Expense Ratio → 0.26% p.a.Number of Holdings → 30
The STI ETF is notably overweight on financials with the three local banks (DBS, UOB and OCBC) making up approximately 51% of the weightage.
With the inclusion of the Frasers Centrepoint Trust into the STI, the holdings of the STI ETF have already been updated and are a huge play on the financials and real estate sectors at about 70% in total.
STI ETF Dividend
