It's been a bumper month for the S&P/ASX 200 Index (ASX: XJO) as an overwhelming majority of ASX 200 shares have handed in earnings results.
With these results often come dividends. And with dividends comes an important cut-off date to determine which investors are eligible for the payment. This is also known as the ex-dividend date.
As we turn the page and start a new month, three big-name ASX 200 shares will be going ex-dividend tomorrow.
In other words, today will be the final day to bag these upcoming dividend payments.
Don't be surprised to see these ASX 200 shares in the red tomorrow as the market responds to them going ex-dividend.
Image source: Getty Images
BHP Group Ltd (ASX: BHP)
Today is the final day to snap up the bumper final dividend from the Big Australian.
When the market opens tomorrow, BHP shares will no longer be trading with a fully franked final dividend of US$1.75.
The payment date for this final dividend has been pencilled in for 22 September.
The ASX 200 mining giant recently reported the second-biggest profit in the company's history. This helped it to hike up total FY22 dividends by 8%.
BHP shares are currently printing a trailing dividend yield of 11.3%. The FY22 final dividend alone spins up a yield of 6.1%. So, the BHP share price will likely be rattled tomorrow when this final dividend is off the table.
Looking ahead, broker Goldman Sachs is forecasting BHP to cut its fully franked dividends in half in FY23, landing at US$1.62.
Even still, this would represent a prospective forward dividend yield of 5.6%, which would gross up to 8.0% with the benefit of franking credits.
AGL Energy Limited (ASX: AGL)
The AGL Energy share price will also be on watch tomorrow as shares in the ASX 200 energy company turn ex-dividend.
Investors who own AGL shares by the time the market closes today will be entitled to the company's upcoming unfranked dividend payment of 10 cents. This payment should come through on 27 September.
AGL released its FY22 results last week, slashing its final dividend by 70% after underlying profit tumbled by 58%.
Across the year, AGL declared total FY22 dividends of 26 cents, unfranked. This puts AGL shares on a trailing dividend yield of 3.4%.
Broker Morgans is tipping AGL to pay out total dividends of 30 cents in FY23. This represents a prospective forward dividend yield of 3.9%.
Whitehaven Coal Ltd (ASX: WHC)
Coal producer Whitehaven is another popular ASX 200 share going ex-dividend tomorrow.
Whitehaven recently reported a bumper set of FY22 results, headlined by 216% revenue growth and a big reversal on the bottom line.
The company went from a $544 million net loss in FY21 to a mighty $1.95 billion net profit after tax (NPAT) in FY22 as coal prices surged to record levels.
This helped the ASX 200 coal miner to declare a fully franked final dividend of 40 cents. The payment date is locked in for 16 September.
The company's total FY22 dividends come in at 48 cents, putting Whitehaven shares on a trailing dividend yield of 6.0%. With the benefit of franking credits, this yield cranks up to 8.5%.
Looking ahead, Morgans is forecasting dividends of 100 cents per share in FY23. At current levels, this represents a prospective forward dividend yield of 12.4%.
