5 ASX 200 shares turning ex-dividend on Wednesday

These dividends will soon be off the table.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

ASX reporting season may be drawing to a close, but the number of S&P/ASX 200 Index (ASX: XJO) shares going ex-dividend is ramping up.

Here are five ASX 200 shares turning ex-dividend tomorrow. This means that today will be the last day to lock in the latest dividend payments from these ASX 200 shares.

a small girl empties a piggy bank of coins onto a table while her mother looks on in the background.

Image source: Getty Images

Woolworths Group Ltd (ASX: WOW)

Woolworths is the largest ASX 200 share going ex-dividend tomorrow. 

Last week, the supermarket giant declared a fully franked final dividend of 53 cents, marginally lower than the prior period.

The payment date has been set for 29 September, with a dividend reinvestment plan (DRP) also available to shareholders.

Woolies shares are currently flashing a trailing dividend yield of 2.5%, which grosses up to 3.6% including franking credits.

Endeavour Group Ltd (ASX: EDV)

Woolies spin-off Endeavour will also see its shares turn ex-dividend tomorrow.

The ASX 200 drinks and hotels business announced its FY22 results last week, bumping up its fully franked final dividend to 7.7 cents.

Investors on Endeavour's share registry by the closing bell today should see this dividend come through on 16 September. 

Endeavour shares currently come with a trailing dividend yield of 2.8%. Throw in franking credits and this yield lifts to 4.0%.

Tabcorp Holdings Limited (ASX: TAH)

Today will be the last day to snap up Tabcorp's final dividend before shares turn ex-dividend tomorrow.

The ASX 200 gambling business recently declared a fully franked final dividend of 6.5 cents, which will be paid on 23 September.

Alternatively, shareholders can choose to participate in the company's DRP, with a 2.5% discount on offer for those who take part.

Tabcorp shares are currently sporting a trailing dividend yield of 13.1%. However, after spinning off Lottery Corporation Ltd (ASX: TLC) in late May this year, Tabcorp's future dividends will likely be slashed.

Treasury Wine Estates Ltd (ASX: TWE)

Treasury Wine is another ASX 200 share going ex-dividend on Wednesday.

Today is the last day to lock in the company's fully franked final dividend of 16 cents.

This final dividend will be paid out on 30 September for shareholders not participating in the company's DRP.

Treasury Wine shares currently come with a trailing dividend yield of 2.4%. This grosses up to 3.4% with the benefit of franking credits.

Blackmores Ltd (ASX: BKL)

Last but not least, Blackmores shares will also be turning ex-dividend tomorrow.

The ASX 200 health supplements business recently released its FY22 results, cutting its fully franked final dividend by 24% to 32 cents.

Investors who own Blackmores shares by the time the market closes today should see this payment land in their accounts on 19 September.

A DRP is also available, with those participating receiving a 2.5% discount for their troubles.

With full-year dividends of 95 cents, this puts Blackmores shares on a trailing dividend yield of 1.4% or 2.0% grossed up.

Motley Fool contributor Cathryn Goh has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Blackmores Limited and Treasury Wine Estates Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

Australian dollar notes in businessman pocket suit, symbolising ex dividend day.
Dividend Investing

2 ASX dividend shares with yields above 7%

I’m a big fan of businesses offering large yields and growth potential.

Read more »

Hand holding Australian dollar (AUD) bills, symbolising ex dividend day. Passive income.
Dividend Investing

1 ASX dividend stock down 18% I'd buy right now!

The passive income from this stock looks too good to miss.

Read more »

Man holding out $50 and $100 notes in his hands, symbolising ex dividend.
Dividend Investing

Why I just made this great ASX dividend share my latest buy

This ASX dividend share ticked the boxes of what I wanted: yield, growth and good value.

Read more »

A woman relaxes on a yellow couch with a book and cuppa, and looks pensively away as she contemplates the joy of earning passive income.
Dividend Investing

Why I'd buy these 3 ASX income shares this week

The ASX is full of income opportunities, but some stand out more than others.

Read more »

Man holding Australian dollar notes, symbolising dividends.
Dividend Investing

3 blue-chip ASX dividend shares to buy and hold

Let's see why these shares could be top picks for income investors.

Read more »

Three businesspeople leap high with the CBD in the background.
Dividend Investing

3 reasons why I think Soul Patts shares are a better buy than ever

This business offers investors a lot of advantages.

Read more »

Person holding Australian dollar notes, symbolising dividends.
Dividend Investing

This ASX dividend stock has a 10% yield and I think it's a buy

There are few high-yield ASX dividend stocks I’d say are attractive.

Read more »

Red buy button on an Apple keyboard with a finger on it.
Dividend Investing

I invested thousands into these 2 ASX dividend shares this week

I’ve been investing heavily into these two names.

Read more »