BetaShares Electric Vehicles and Future Mobility ETF (ASX: DRIV) - Share Price and Research

BetaShares Electric Vehicles and Future Mobility ETF's (DRIV) current share price is $8.84. This constitutes a price movement of 0.90% when compared to the share price 7 days ago and is -2.10% below DRIV's 12-month high of $9.03 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $8.84, BetaShares Electric Vehicles and Future Mobility ETF's (DRIV) current share price of $8.84 constitutes a movement of or 0%. BetaShares Electric Vehicles and Future Mobility ETF's (DRIV) share price movement is -0.90% when compared to 7 days ago and is -2.10% below DRIV's 52-week high of $9.03.

BetaShares Electric Vehicles and Future Mobility ETF's (DRIV) 52-week high is $9.03 which was reached on 18 Dec 2024. Relative to this, DRIV's current share price of $8.84 constitutes a -$0.19 or -2.10% drop since that high of $9.03 per DRIV share.

BetaShares Electric Vehicles and Future Mobility ETF's (DRIV) 52-week low is $7.49 which was reached on 8 Aug 2024. Relative to this, DRIV's current share price of $8.84 constitutes a $1.35 or 18.02% gain since that low of $7.49 per DRIV share.

BetaShares Electric Vehicles and Future Mobility ETF's (DRIV) current market capitalisation is $12,179,664. Market capitalisation, sometimes referred to as "market cap", is the total value of a company's or ETF's issued shares or units owned by shareholders or unitholders. Market capitalisation is equal to the market price per share or unit multiplied by the number of shares or units outstanding.

BetaShares Electric Vehicles and Future Mobility ETF (DRIV) last distribution or dividend was $0.13 per share and was paid on 16 Jul 2024. This last DRIV distribution or dividend included 0% franking.

Upcoming ex-distribution date: 1 Jul 2024

Upcoming record date: 2 Jul 2024

Upcoming payment date: 16 Jul 2024

ETFs, such as BetaShares Electric Vehicles and Future Mobility ETF (DRIV), pay distributions instead of dividends. The difference is that dividends are declared by companies from part of the profits made during any given year and the company’s management decide the amount of earnings retained verses how much to pay out to investors. An ETF, like BetaShares Electric Vehicles and Future Mobility ETF (DRIV), must pay out all realised income. This is a combination of any dividends received plus capital gains realised from the buying and selling of underlying holdings within BetaShares Electric Vehicles and Future Mobility ETF (DRIV).

A distribution has three key dates:

Ex-distribution date: Date the distribution value leaves the ETF. This will normally correspond with the ETF unit price dropping in value by the same amount as the distribution.

Record date: Date someone must be on the unit registry to receive the distribution.

Payment date date: Date the distribution is paid to the unit holder.

BetaShares Electric Vehicles and Future Mobility ETF (DRIV) has a franking level of 0%. Franking represents the tax a company has already paid on any profit it distributes to shareholders as a dividend. Only Australian companies pay franking credits therefore you will not see franking on ETFs that invest internationally. For ETFs that are diversified across asset classes, you may see partial franking.

BetaShares Electric Vehicles and Future Mobility ETF (DRIV) has a current dividend yield of 1.60% this year. Last year's dividend yield was 1.20%. The dividend yield for DRIV is a ratio that tells you the percentage of BetaShares Electric Vehicles and Future Mobility ETF (DRIV)'s share price that it pays out in dividends each year. The dividend yield is calculated by dividing the annual dividends by the current share price.