FirstRand updates MCETNC and MCETNQ NAV after USD 1.86 McDonald’s dividend reinvestment

McDonald's Corporation -1.25% Pre

McDonald's Corporation

MCD

305.68

305.00

-1.25%

-0.22% Pre
  • FirstRand said holders of its MCETNC and MCETNQ ETNs were affected by a McDonald’s dividend of USD 1.86 per share.
  • The dividend was synthetically reinvested at a net amount of USD 1.58 per share after a 15% effective tax rate.
  • Reinvestment was done at a price of USD 326.3 per share, increasing the fractional number of shares each ETN references.
  • The ETNs’ published net asset value has been updated to reflect the dividend reinvestment.


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 the SENS service, an information dissemination service administered by the JSE Limited ("JSE") (Ref. ID: S518690), on March 18, 2026, and is solely responsible for the information contained therein.

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