SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution Finalisation Announcement Month Ended 31 October 2026 - STXCAP
What this filing means
Satrix Cap has declared a distribution of 74.51000 cents per security for the two months ended 31 October 2026, payable on 23 November to holders on the register at Friday, 20 November. The 74.51 cents is an aggregate built from local dividends, foreign dividends from Great Britain and Australia, local interest and REIT income, each carrying its own withholding-tax treatment. Nothing here changes the fund's investment case; it is the scheduled payout mechanics.
An ETF periodically hands its holders the income it has collected from the shares it owns, rather than keeping it inside the fund. Satrix Cap is doing that here: 74.51 cents per security, made up of dividends from South African and foreign companies plus some interest and REIT income. The dates matter: 17 November is the last day to trade cum distribution, the securities trade ex distribution from 18 November, the record date is 20 November and payment is on 23 November. The tax you actually get depends on your own circumstances, which is why the notice prints several different rates.
Bear case
- Missing evidence: the filing gives no figure for the fund's net asset value, income earned or yield, so the distribution cannot be judged against the portfolio that produced it.
AI-generated summary by SENS-AI, based on the original JSE SENS filing.
SENS-AI conclusion
A scheduled distribution notice, not a signal about the fund or the market. The useful detail is compositional: the 74.51 cents is a blend of local and foreign dividends, interest and REIT income, each taxed differently, so the cash a holder actually receives depends on residence and on whether the exemption or double-tax-treaty paperwork is in place with their broker. Nothing in the filing speaks to portfolio performance or to the index the fund tracks. So what: nothing changes in the investment case; the next thing that matters is the fund's next distribution announcement and its portfolio disclosure.
The next distribution announcement is where the payout per security can be compared with this one on a like-for-like two-month basis.
Evidence from the filing
The declared aggregate amount per security.
“An aggregate amount of 74.51000 cents (R0.74510) per Satrix Cap security is declared as follows:”
The payment timetable and record date.
“The distribution will be paid on Monday, 23 November 2026 to all securities holders recorded in the register on Friday, 20 November 2026.”
REIT income carries a different tax treatment from ordinary dividends.
“Note 1: Distributions by Real Estate Investment Trusts (REITs) are subject to income tax for South African tax residents and for non-”
The foreign dividend source is split between two countries.
“Table 1 - Source of Funds - Dividend Foreign SA Listed”
Related filings
Other Dividend FX Determination
- ARYSTEQ UNIT TRUST MANAGEMENT LIMITED - ASIETF - Distribution Finalisation Announcement for the Period Ended 31 October 2026
- SATRIX MANAGERS (RF) PROPRIETARY LIMITED - Distribution Finalisation Announcement Month Ended 31 October 2026 - STXINC
- SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution Finalisation Announcement Month Ended 31 October 2026 - STXILB
- SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution Finalisation Announcement Month Ended 31 October 2026 - STXIFR
- SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution Finalisation Announcement Month Ended 31 October 2026 - STXGBD