As we've continued to do over the weeks during and following ASX earnings season, it's time to take a look at the S&P/ASX 200 Index (ASX: XJO) shares that are scheduled to trade ex-dividend next week.
Since most companies on the ASX have revealed their most recent earnings reports over the past six weeks or so, we've also got quite a few fresh dividend announcements.
When a company reveals a dividend, it must also choose an ex-dividend date. This is the date that separates the shareholders who are in line to receive an upcoming payment from those who miss out due to purchasing shares on or after the ex-dividend date.
So if there are any shares on this list from which you're keen to bag a dividend, you'd better act fast.
Without further ado, here's a list of the lucky 13 shares that are in line to trade 'ex-div' over the coming trading week.
13 ASX 200 shares trading ex-dividend next week
ASX-listed company | Dividend per share |
Ex-dividend date |
Dividend payday |
Coronado Global Resources Inc (ASX: CRN) | US 0.5 cents | 11 March | 4 April |
CSL Ltd (ASX: CSL) | US$1.19 | 11 March | 3 April |
Seven Group Holdings Ltd (ASX: SVW) | 23 cents (fully franked) | 11 March | 12 April |
IGO Ltd (ASX: IGO) | 11 cents (fully franked) | 12 March | 27 March |
News Corporation (ASX: NWS) | US 10 cents | 12 March | 10 April |
Downer EDI Ltd (ASX: DOW) | 6 cents | 13 March | 11 April |
Perpetual Ltd (ASX: PPT) |
65 cents (35% franked) | 13 March | 8 April |
Brambles Ltd (ASX: BXB) | 23.1 cents (30% franked) | 13 March | 11 April |
Breville Group Ltd (ASX: BRG) | 16 cents (fully franked) | 14 March | 28 March |
Eagers Ltd (ASX: APE) | 50 cents (fully franked) | 14 March | 28 March |
Inghams Group Ltd (ASX: ING) | 12 cents (fully franked) | 14 March | 5 April |
TPG Telecom Ltd (ASX: TPG) | 9 cents (fully franked) | 14 March | 12 April |
Car Group Ltd (ASX: CAR) | 34.5 cents (50% franked) | 15 March | 15 April |
Foolish takeaway
Remember, when a share trades ex-dividend, it becomes inherently less valuable due to the outgoing payment of said dividend.
So expect to see each company's shares fall in value when they reach their respective ex-dividend dates. Not that shareholders can complain.