It's almost ex-dividend time for some S&P/ASX 200 Index (ASX: XJO) shares that recently reported. Dividends are a great way for investors to get real returns from a business without having to sell shares.
An ex-dividend date is the day that new investors are no longer entitled to receive the upcoming dividend. That means investors have until the end of the trading day before the ex-dividend date to buy shares.
The three ASX 200 shares in this article are going ex-dividend next week, so investors will need to be quick!
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Washington H. Soul Pattinson and Co. Ltd (ASX: SOL)
Soul Pattinson is an investment house that owns a variety of ASX shares, unlisted businesses and other assets.
In the FY23 result, it saw net cash flow from investments rise 22% to $424.3 million and declared a final ordinary dividend per share of 51 cents, which was up 18.6% year over year.
The ex-dividend date for this upcoming dividend is 17 November 2023, which means that 16 November 2023 is the last date to buy Soul Pattinson shares. It will be paid by the ASX 200 share on 12 December 2023.
National Australia Bank Ltd (ASX: NAB)
NAB is an ASX bank share that recently released its FY23 result to investors. The bank recently revealed that cash earnings went up by 8.8% to $7.7 billion.
The profit growth enabled the company to declare an annual dividend per share of 84 cents, which represents an increase of 7.7% year over year from the ASX 200 share.
This FY23 final dividend has an ex-dividend date of 14 November 2023, so the last date to buy NAB shares is 13 November 2023 on Monday. The ASX 200 share will pay the dividend on 15 December 2023.
Macquarie Group Ltd (ASX: MQG)
Macquarie is Australia's largest investment bank and has significant exposure to overseas markets, not just local markets.
It recently reported its FY24 first-half result which showed a 39% year over year decrease in net profit to $1.4 billion.
This led to the business declaring an interim dividend of $2.55 per share, representing a cut of 15% following an increase of the dividend payout ratio to 70%.
The ex-dividend date for this is 13 November 2023, so today is the last day to buy Macquarie shares and gain entitlement to the upcoming dividend. It will be paid on 19 December 2023.
