StockNews.AI
BLK
StockNews.AI
210 days

BlackRock® Canada Announces January Cash Distributions for the iShares® ETFs

1. BlackRock Canada announced January 2025 cash distributions for iShares ETFs. 2. Unitholders will receive distributions on January 31, 2025. 3. Cash distributions vary by fund; one fund distributes $0.195 per unit. 4. BlackRock manages over $4.2 trillion in ETF assets as of December 2024. 5. iShares ETFs continue to expand market opportunities for investors.

10m saved
Insight
Article

FAQ

Why Bullish?

The announcement of cash distributions may enhance investor sentiment and confidence, similar to past increases that positively affected BLK's stock performance.

How important is it?

The article highlights BlackRock's strong ETF offerings and growing distribution strategy, impacting BLK's attractiveness.

Why Short Term?

Distributions can lead to immediate positive reactions in the stock market, seen previously during dividend announcements.

Related Companies

TORONTO, Jan. 21, 2025 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the January 2025 cash distributions for the iShares ETFs listed on the TSX or Cboe Canada, which pay on a monthly basis. Unitholders of record of a fund on January 28, 2025, will receive cash distributions payable in respect of that fund on January 31, 2025. Details regarding the “per unit” distribution amounts are as follows: Fund NameFund TickerCashDistribution Per UnitiShares 1-10 Year Laddered Corporate Bond Index ETFCBH$0.049iShares 1-5 Year Laddered Corporate Bond Index ETFCBO$0.051iShares S&P/TSX Canadian Dividend Aristocrats Index ETFCDZ$0.112iShares Equal Weight Banc & Lifeco ETFCEW$0.059iShares 1-5 Year Laddered Government Bond Index ETFCLF$0.032iShares 1-10 Year Laddered Government Bond Index ETFCLG$0.037iShares S&P/TSX Canadian Preferred Share Index ETFCPD$0.058iShares US Dividend Growers Index ETF (CAD-Hedged)CUD$0.079iShares Convertible Bond Index ETFCVD$0.075iShares Global Monthly Dividend Index ETF (CAD-Hedged)CYH$0.080iShares Canadian Financial Monthly Income ETFFIE$0.040iShares U.S. Aggregate Bond Index ETFXAGG$0.105iShares U.S. Aggregate Bond Index ETF(1)XAGG.U$0.061iShares U.S. Aggregate Bond Index ETF (CAD-Hedged)XAGH$0.091iShares Core Canadian Universe Bond Index ETFXBB$0.079iShares Core Canadian Corporate Bond Index ETFXCB$0.068iShares ESG Advanced Canadian Corporate Bond Index ETFXCBG$0.118iShares U.S. IG Corporate Bond Index ETFXCBU$0.121iShares U.S. IG Corporate Bond Index ETF(1)XCBU.U$0.076iShares Core MSCI Global Quality Dividend Index ETFXDG$0.061iShares Core MSCI Global Quality Dividend Index ETF(1)XDG.U$0.042iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)XDGH$0.060iShares Core MSCI Canadian Quality Dividend Index ETFXDIV$0.115iShares Core MSCI US Quality Dividend Index ETFXDU$0.064iShares Core MSCI US Quality Dividend Index ETF(1)XDU.U$0.044iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged)XDUH$0.059iShares Canadian Select Dividend Index ETFXDV$0.114iShares J.P. Morgan USD Emerging Markets Bond Index ETF (CAD-Hedged)XEB$0.057iShares S&P/TSX Composite High Dividend Index ETFXEI$0.111iShares Core Canadian 15+ Year Federal Bond Index ETFXFLB$0.111iShares Flexible Monthly Income ETFXFLI$0.195iShares Flexible Monthly Income ETF(1)XFLI.U$0.038iShares Flexible Monthly Income ETF (CAD-Hedged)XFLX$0.183iShares S&P/TSX Capped Financials Index ETFXFN$0.140iShares Floating Rate Index ETFXFR$0.069iShares Core Canadian Government Bond Index ETFXGB$0.050iShares Global Government Bond Index ETF (CAD-Hedged)XGGB$0.040iShares Canadian HYBrid Corporate Bond Index ETFXHB$0.073iShares U.S. High Dividend Equity Index ETF (CAD-Hedged)XHD$0.083iShares U.S. High Dividend Equity Index ETFXHU$0.080iShares U.S. High Yield Bond Index ETF (CAD-Hedged)XHY$0.083iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged)XIG$0.070iShares 1-5 Year U.S. IG Corporate Bond Index ETF (CAD-Hedged)XIGS$0.122iShares Core Canadian Long Term Bond Index ETFXLB$0.062iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged)XPF$0.071iShares High Quality Canadian Bond Index ETFXQB$0.053iShares S&P/TSX Capped REIT Index ETFXRE$0.065iShares ESG Aware Canadian Aggregate Bond Index ETFXSAB$0.047iShares Core Canadian Short Term Bond Index ETFXSB$0.072iShares Conservative Short Term Strategic Fixed Income ETFXSC$0.057iShares Conservative Strategic Fixed Income ETFXSE$0.053iShares Core Canadian Short Term Corporate Bond Index ETFXSH$0.060iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETFXSHG$0.117iShares 1-5 Year U.S. IG Corporate Bond Index ETFXSHU$0.127iShares 1-5 Year U.S. IG Corporate Bond Index ETF(1)XSHU.U$0.080iShares Short Term Strategic Fixed Income ETFXSI$0.060iShares ESG Aware Canadian Short Term Bond Index ETFXSTB$0.047iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)XSTH$0.051iShares 0-5 Year TIPS Bond Index ETFXSTP$0.069iShares 0-5 Year TIPS Bond Index ETF(1)XSTP.U$0.048iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged)XTLH$0.117iShares 20+ Year U.S. Treasury Bond Index ETFXTLT$0.125iShares 20+ Year U.S. Treasury Bond Index ETF(1)XTLT.U$0.087iShares Diversified Monthly Income ETFXTR$0.040iShares S&P/TSX Capped Utilities Index ETFXUT$0.090  (1) Distribution per unit amounts are in U.S. dollars for XAGG.U, XCBU.U, XDG.U, XDU.U, XFLI.U, XSHU.U, XSTP.U, XTLT.U Estimated January Cash Distributions for the iShares Premium Money Market ETF The January cash distributions per unit for the iShares Premium Money Market ETF are estimated to be as follows: Fund NameFund TickerEstimated Cash Distribution Per UnitiShares Premium Money Market ETFCMR$0.146 BlackRock Canada expects to issue a press release on or about January 27, 2025, which will provide the final amounts for the iShares Premium Money Market ETF. Further information on the iShares Funds can be found at http://www.blackrock.com/ca. About BlackRockBlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @BlackRockCA About iShares ETFsiShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1500+ exchange traded funds (ETFs) and US$4.2 trillion in assets under management as of December 31, 2024, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock. iShares® ETFs are managed by BlackRock Asset Management Canada Limited. Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs. Please read the relevant prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”). Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). TSX is a registered trademark of TSX Inc. (“TSX”). All of the foregoing trademarks have been licensed to S&P Dow Jones Indices LLC and sublicensed for certain purposes to BlackRock Fund Advisors (“BFA”), which in turn has sub-licensed these marks to its affiliate, BlackRock Asset Management Canada Limited (“BlackRock Canada”), on behalf of the applicable fund(s). The index is a product of S&P Dow Jones Indices LLC, and has been licensed for use by BFA and by extension, BlackRock Canada and the applicable fund(s). The funds are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, any of their respective affiliates (collectively known as “S&P Dow Jones Indices”) or TSX, or any of their respective affiliates. Neither S&P Dow Jones Indices nor TSX make any representations regarding the advisability of investing in such funds. MSCI is a trademark of MSCI, Inc. (“MSCI”). The ETF is permitted to use the MSCI mark pursuant to a license agreement between MSCI and BlackRock Institutional Trust Company, N.A., relating to, among other things, the license granted to BlackRock Institutional Trust Company, N.A. to use the Index. BlackRock Institutional Trust Company, N.A. has sublicensed the use of this trademark to BlackRock. The ETF is not sponsored, endorsed, sold or promoted by MSCI and MSCI makes no representation, condition or warranty regarding the advisability of investing in the ETF. Contact for Media:Reem JazarEmail: reem.jazar@blackrock.com

Related News