When a share goes ex-dividend, it’s usually something that investors can’t help but notice. ASX dividend paying shares are great, but something that comes with them is the ex-dividend date.
Since new investors aren’t eligible for a company’s dividend past the ex-date, a share that is trading ex-dividend will normally see the value of this dividend leave its share price, sometimes resulting in a seemingly nasty share price fall.
So let’s check out 6 ASX shares that are scheduled to trade ex-dividend this week.
6 ASX shares going ex-dividend this week
Australia and New Zealand Banking Group Ltd (ASX: ANZ)
ASX bank ANZ is our first ASX share going ex-div this week, today as a matter of fact. Yes, this morning, ANZ shares traded ex-dividend for this bank’s upcoming final dividend of 72 cents per share, fully franked.
Shareholders can look forward to receiving this payout on 16 December, just in time for Christmas! As it stands at the time of writing, ANZ shares are down 2.26% at $28.14 a share. That gives the ANZ share price a yield of 5.05%.
Macquarie Group Ltd (ASX: MQG)
ANZ isn’t the only ASX bank going ex-dividend today, with Macquarie also cutting off new shareholders for its upcoming payout this Monday. Macquarie investors can expect to see this bank’s interim dividend of $2.72 per share, 40% partially franked, on 14 December. Macquarie shares are currently down 0.91% from Friday’s close at $200.37. That means Macquarie presently has a yield of 3.03% on the table.
CSR Limited (ASX: CSR)
Construction company CSR is also scheduled to go ex-dividend this week, but this one is set for tomorrow. Shareholders will be receiving an interim dividend of 13.5 cents per share, fully franked, on 10 December. As it stands today, CSR shares are currently trading at $6.33 each, giving this company a yield of 4.42% at this price.
Naos Small Cap Opportunities Company Ltd (ASX: NSC)
Listed Investment Company (LIC) Naos Small Cap Opportunities is yet another ASX share that’s headed for an ex-dividend date this week. This LIC will be trading ex-div on Wednesday for an interim dividend of 1.25 cents per share, fully franked, which will hit shareholders’ pockets on 30 November. Naos Small Cap Opportunities is currently trading at 94 cents per share, giving it a dividend yield of 5.32%.
Resmed Inc (ASX: RMD)
Healthcare company Resmed is next up today. This dual-listed ASX share is also going ex-dividend on Wednesday for its upcoming interim dividend of 3.91 cents per share, unfranked, to be paid out on 16 December. At Resmed’s present share price of $34.07, this company has a trailing yield of 0.59%.
Australian Pharmaceutical Industries Ltd (ASX: API)
Australian Pharmaceutical Industries (or API for short) is our last ASX share to check out today. Wesfarmers Ltd (ASX: WES) shareholders should be very interested in this one, seeing as their company looks set to acquire API.
So API will be going ex-dividend on Friday this week for its upcoming final dividend of 2 cents per share, fully franked. Investors will receive this payout on 15 December. At today’s share price of $1.52, API has a dividend yield of 1.31%.
The post These 6 ASX shares are going ex-dividend this week appeared first on The Motley Fool Australia.
Wondering where you should invest $1,000 right now?
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.
*Returns as of August 16th 2021
- Why is the Macquarie (ASX:MQG) share price sliding lower today?
- API (ASX:API) share price higher after accepting Wesfarmers takeover offer
- Wesfarmers (ASX:WES) share price rises on API takeover deal
- 5 things to watch on the ASX 200 on Monday
- Top brokers name 3 ASX shares to buy next week
Motley Fool contributor Sebastian Bowen 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 owns shares of and has recommended Macquarie Group Limited. The Motley Fool Australia has recommended ResMed Inc. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
from The Motley Fool Australia https://ift.tt/3bM4OEC