Hey! Can someone tell me if iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) pays dividends?
Thanks in advance!
Not to you. That’s what the ACC bit means in the name
What me personally!? Lol
Ha! Well no!
Accumulating (Acc) means that any dividends paid are automatically reinvested back into the ETF. So the ETF grows in size rather then paying a dividend.
For completeness of answer, it will say distributing (or Dist) if it pays a dividend.
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Oh good! Ok thanks for your support
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Most iShares ETFs are accumulating and you will not receive dividends. However, depending on you tax juristiction, you may be required to pay tax on the dividends that have been reinvested through accumulation.
Oh really? If I am to invest it going forward I would be through my ISA account…
I don’t think that’s true. It just so happens that they’re the most liquid and thus 212 has them.
Then you’ll be fine.
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iShares have 163 accumulating and 178 distributing ETFs, unless if you mean those available on T212.
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