ThisPopular ETFIs About to Make a Major Payout to Investors Who Act Fast

September 29, 2024

In a surprise move, the Innovator Premium Income 20 Barrier ETF - October (OCTH) has just announced a substantial dividend payout to its investors. The news broke on Friday, September 27th, via NASDAQ, with the company declaring a dividend of 0.4675 per share. This significant distribution will be made on Friday, October 4th, to all shareholders of record on Monday, September 30th.

As is standard with dividend payments, the ex-dividend date - when shares no longer come with the right to receive the new dividend - has been set for Monday, September 30th. This means that investors who wish to receive the payout will need to purchase shares on or before September 27th, since shares purchased on or after the ex-dividend date will not entitle the buyer to the upcoming dividend payment.

The Innovator Premium Income 20 Barrier ETF - October (OCTH) trades on the BATS exchange under the ticker symbol OCTH. As part of the company's commitment to delivering value to its investors, this latest dividend payout represents the latest move in a series of steps aimed at driving growth and maximizing returns. With this payout, OCTH shareholders can look forward to a welcome addition to their investment portfolio.

Those interested in taking advantage of this opportunity should note the key dates for the payout. Again, the record date is September 30th, with the dividend being paid out on October 4th. Investors are advised to carefully review the terms and conditions associated with the dividend payment, as well as OCTH's overall investment strategy and performance history, prior to making any investment decisions.

As the financial landscape continues to evolve, companies like Innovator Premium Income 20 Barrier ETF - October (OCTH) remain dedicated to putting their shareholders first. This latest dividend declaration is just the latest example of OCTH's ongoing efforts to drive value and maximize returns for its investors.

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