It's dividend season for iShares investors! BlackRock's ASX exchange-traded funds (ETFs) are dishing out some serious cash, with some paying out a 10%+ dividend yield in a single hit. This is a big deal, especially for those who have been currency-hedging their investments, as it can magnify returns by up to 10x. For instance, the iShares Global 100 (Currency-hedged) ETF is paying out $10.82 per unit, while its unhedged counterpart pays only $1.82 per unit. This highlights the importance of understanding the impact of currency hedging on investment returns. What's more, the variety of ETFs available means investors can choose those that align with their specific interests and risk appetites. From the iShares Core S&P/ASX 200 ETF to the iShares MSCI South Korea ETF, there's something for everyone. However, it's important to remember that investing in ETFs is not without its risks. While they offer diversification and convenience, they are not a one-size-fits-all solution. In my opinion, the key to successful ETF investing is to do your research, understand the risks and rewards, and choose the ones that best fit your investment goals. Personally, I think the iShares S&P 500 (AUD Hedged) ETF is particularly interesting, as it offers a high dividend yield and is hedged against currency fluctuations. This makes it a smart choice for those looking to maximize their returns while minimizing risk. In conclusion, dividend season is a great time for iShares investors to cash in on their investments. With a wide range of ETFs available, investors can choose the ones that best fit their needs and goals. However, it's important to remember that investing in ETFs is not a get-rich-quick scheme, and that diversification and risk management are key to long-term success. So, if you're an iShares investor, make sure to take advantage of the dividend season and choose the ETFs that are right for you.