A number of real estate investment trusts (REIT) shares are falling on Wednesday despite no news coming from any of the companies.
As we draw closer to the end of the current financial year, these ASX shares are trading ex-dividend today.
The ex-dividend date is when investors must have purchased a companyâs shares beforehand to be eligible for the upcoming dividend.
If an investor buys the shares on or after this date, the dividend will go to the seller.
National Storage REITÂ (ASX: NSR) shares are down 5.82% to $2.185 after trading ex-dividend today.
The board previously declared an unranked interim dividend of 5.4 cents per share.
This represents a gain of 28.5% over the prior corresponding period (4.2 cents).
The leading self-storage operator will pay out its latest dividend to eligible shareholders on 2 September.
Charter Hall Long WALE REITÂ (ASX: CLW) shares are also going ex-dividend on Wednesday, backtracking 7.11% to $4.31.
The board elected to reward investors with an unfranked interim dividend of 7.63 cents per share.
When comparing this against H1 FY21âs dividend, it reflects a slight increase of less than 1% (7.62 cents).
The REIT is set to distribute its profits in dividends on 12 August.
Centuria Office REITÂ (ASX: COF) shares are also trading without the rights to the companyâs unfranked final dividend.
The board opted to deliver 4.15 cents per unit to shareholders, which is the same amount as the prior comparable dividend.
The Australia-based pure play office REITâs distribution payment date is on 5 August.
The post 3 ASX financial shares going ex-dividend today appeared first on The Motley Fool Australia.
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Motley Fool contributor Aaron Teboneras 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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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