We're just about wrapping up this winter's earnings season. Most ASX 200 companies have now reported their earnings for the full 2023 financial year (with a few reporting for the half year).
And now that we've had a good look at the numbers for many of the ASX's top companies, we're entering the period when lots of these stocks are going ex-dividend for their newly announced dividend payments.
Next week, we'll see an avalanche of ASX 200 shares trading ex-dividend for their upcoming shareholder payments. So, let's look at 15 such shares and what they have in store for investors.
15 ASX 200 income shares about to trade ex-dividend
ASX 200 share |
Ex-dividend date |
Dividend per share |
Dividend pay day |
Dividend yield |
Bendigo and Adelaide Bank Ltd (ASX: BEN) | 4 September | $0.32 per share | 29 September | 6.4% |
Beach Energy Ltd (ASX: BPT) | 4 September | $0.02 per share | 3 October | 2.57% |
Fortescue Metals Group Limited (ASX: FMG) | 4 September | $1 per share | 28 September | 8.15% |
NIB Holdings Limited (ASX: NHF) | 4 September | $0.15 per share | 3 October | 3.39% |
Altium Limited (ASX: ALU) | 4 September | $0.29 per share | 26 September | 1.13% |
Origin Energy Ltd (ASX: ORG) | 5 September | $0.20 per share | 29 September | 4.19% |
Corporate Travel Management Ltd (ASX: CTD) | 5 September | $0.22 per share | 5 October | 1.49% |
Northern Star Resources Ltd (ASX: NST) | 5 September | $0.155 per share | 12 October | 2.24% |
Pilbara Minerals Ltd (ASX: PLS) | 5 September | $0.14 per share | 27 September | 5.41% |
Ramsay Health Care Limited (ASX: RHC) | 6 September | $0.25 per share | 29 September | 1.45% |
Super Retail Group Ltd (ASX: SUL) | 7 September | $0.44 per share, special dividend of $0.69 per share |
18 October | 6.01% |
BHP Group Ltd (ASX: BHP) | 7 September | $0.80 per share | 28 September | 6.07% |
Nine Entertainment Co Holdings Ltd (ASX: NEC) | 8 September | $0.05 per share | 6 October | 5.34% |
WiseTech Global Ltd (ASX: WTC) | 8 September | $0.084 per share | 6 October | 0.21% |
Mineral Resources Limited (ASX: MIN) | 8 September | $0.70 per share | 27 September | 2.69% |
There are a few notable dividends here we can discuss here.
Some notable dividends to discuss
Firstly, investors might be a bit disappointed with the payouts that the miners BHP and Fortescue are paying out later this month. The $1 per share final dividend from Fortescue is a big drop from the $1.21 per share investors received last year. Similarly, BHP's 80 cents per share payment pales in comparison to the monstrous $2.55 final dividend from 2022. That's just proof that mining booms don't last forever.
Conversely though, it's perhaps Super Retail Group's massive payouts this year that will spur the most excitement from investors. Not only are Super Retail shareholders in line for a final dividend of 44 cents per share (a rise over last year's 43 cents per share payout), but they are being treated to a massive 69 cents per share final dividend. Together, these payments give Super Retail shares a dividend yield of 11.26%.
Pilbara Minerals' payment is also worthy of discussion. This final dividend of 14 cents per share is only the second dividend Pilbara has ever paid out, and its first final one. But already, these dividends have transformed this lithium stock into an income heavyweight, with a present dividend yield of 5.41%.
Foolish takeaway
As you can see, it's all happening on the ASX 200 next week for these 15 ASX 200 shares and their upcoming dividends.
Remember, in order to receive a dividend, you must own the company's shares prior to the ex-dividend date. So, expect to see these companies all suffer share price falls next week when their ex-dividend date comes around.