Here are 5 ASX 200 shares going ex-dividend tomorrow

Time is running out to lock in the latest dividends from these ASX 200 shares.

| 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 saw a whole host of S&P/ASX 200 Index (ASX: XJO) shares declare lucrative dividends.

Before these dividends can be paid, companies must first determine which investors are eligible for the dividend payment.

To do so, they set a cut-off date, otherwise known as the ex-dividend date. Investors looking to secure a dividend must own shares in the company before the associated ex-dividend date.

Here are five ASX 200 shares going ex-dividend tomorrow, in order of market capitalisation from largest to smallest.

This means that today is the final day to lock in the latest dividends from these ASX 200 shares.

Coles Group Ltd (ASX: COL)

Today will be the last day Coles shares will be trading with a final FY22 dividend of 30 cents, fully franked.

Investors who own Coles shares by the time the market closes today should see this payment come through on 28 September. Alternatively, a dividend reinvestment plan (DRP) is also available.

Across the full year, the ASX 200 supermarket giant declared total FY22 dividends of 63 cents, up 3% from the prior year.

This puts Coles shares on a trailing dividend yield of 3.6%. Throwing in franking credits, this yield bumps up to 5.1%.

Ampol Ltd (ASX: ALD)

ASX 200 fuel company Ampol will be trading tomorrow without an interim dividend of $1.20, fully franked.

Like Coles, the payment date has been pencilled in for 28 September.

For the first half of FY22, Ampol reported a 114% uplift in statutory net profit after tax (NPAT) as its refiner margins went gangbusters.

This helped the company to hike up its interim dividend by 130% compared to the 52-cent interim dividend declared last year. In fact, this latest FY22 interim dividend alone is bigger than Ampol's total dividends across FY21.

On the back of this monster interim dividend, Ampol shares are currently trading on a trailing 12-month dividend yield of 4.7%. This grosses up to 6.7% including franking credits.

Eagers Automotive Ltd (ASX: APE)

Eagers Automotive shares will be on watch tomorrow as the ASX 200 automotive retail group turns ex-dividend.

Despite first-half profit taking a backwards step, the company lifted its ordinary interim dividend by 10% to 22 cents, fully franked. This dividend will be paid on 23 September.

Eagers Automotive shares are currently flashing a trailing 12-month dividend yield of 4.8%, or 6.9% grossed up.

Lifestyle Communities Limited (ASX: LIC)

Lifestyle Communities is another ASX 200 share turning ex-dividend tomorrow.

That means that today will be the last day to bag the company's FY22 final dividend of 6 cents, fully franked. The payment date has been marked down for 6 October.

Across the financial year, Lifestyle Communities declared total FY22 dividends of 10.5 cents, fully franked. 

This was up 31% on the prior year and puts shares on a trailing dividend yield of 0.6%. With the benefit of franking credits, this yield ticks up to 0.9%.

Kelsian Group Ltd (ASX: KLS)

Last but not least, shares in Kelsian, formerly known as Sealink Travel, will also be trading ex-dividend tomorrow.

The company recently declared a fully franked final dividend of 9.5 cents, up 6% over the prior year. This payment should appear in shareholders' accounts on 5 October.

With this final dividend, Kelsian's total FY22 dividend payouts edged higher by 3% to 16.5 cents. 

As a result, Kelsian shares are printing a trailing dividend yield of 3.0%. Including franking credits, this yield cranks up to 4.3%.

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 positions in and has recommended COLESGROUP DEF SET. 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

Woman calculating dividends on calculator and working on a laptop.
Dividend Investing

Grabbed 300 Rio Tinto shares in 2021? Guess how much passive income you've already earned

Let’s dig into some numbers.

Read more »

A smiling woman with a handful of $100 notes, indicating strong dividend payments
Dividend Investing

Get rich slowly: The magic of ASX dividend growth shares

These buy-rated shares have been growing their dividends at a solid rate for years.

Read more »

A woman has a thoughtful look on her face as she studies a fan of Australian 20 dollar bills she is holding on one hand while he rest her other hand on her chin in thought.
Dividend Investing

Relying on ASX 200 mining shares for your dividends? This could be 'problematic'

Remaining diversified is always key.

Read more »

Smiling couple looking at a phone at a bargain opportunity.
Dividend Investing

2 of the best ASX dividend shares to buy now

Brokers have good things to say about these income stocks. Let's dig deeper into it.

Read more »

Five young people sit in a row having fun and interacting with their mobile phones.
Dividend Investing

8 ASX All Ords shares with ex-dividend dates next week

Do you own any of these shares that are about to drop some cash?

Read more »

A woman wearing a yellow shirt smiles as she checks her phone.
Dividend Investing

Bell Potter rates these ASX dividend stocks as top buys

The broker sees these stocks as great options for income investors.

Read more »

Woman calculating dividends on calculator and working on a laptop.
Dividend Investing

4 ASX shares to buy for dividend income

Analysts think these income stocks are in the buy zone this week. Let's see what they offer.

Read more »

Happy man holding Australian dollar notes, representing dividends.
Dividend Investing

3 ASX dividend stocks with 7%+ yields to buy now

Analysts say these buy-rated shares will provide big dividend yields.

Read more »