3 ASX 200 shares you might not know are trading ex-dividend today

a man looks down at his phone with a look of happy surprise on his face as though he is thrilled with good news.

a man looks down at his phone with a look of happy surprise on his face as though he is thrilled with good news.

Three S&P/ASX 200 Index (ASX: XJO) shares are in well into the red on Thursday.

But investors shouldn’t be overly concerned. All three ASX 200 shares are trading ex-dividend today.

Which ASX 200 shares are trading ex-dividend?

The Whitehaven Coal Ltd (ASX: WHC) share price is down 3.1% in afternoon trading as investors buying the ASX 200 coal stock now will no longer receive the outsized interim dividend.

With net profit after tax (NPAT) up 423% to $1.8 billion for the six months ending 31 December, Whitehaven’s board declared a fully-franked interim dividend of 32 cents per share. That’s up 300% from the 8 cents per share paid out in 1H FY22.

The payment date for investors who bought the ASX 200 share before it traded ex-dividend is 10 March.

JB Hi-Fi Limited (ASX: JBH) is also trading ex-dividend today, reflected by a 5.4% fall in the JB Hi-Fi share price.

The ASX 200 electronic retailing share reported a 14.6% year on year increase in its half-year profits, with NPAT coming in at $330 million. This saw the board declare a fully franked interim dividend of $1.97 per share, up 21% from 1H FY22.

Eligible investors can expect that payment on 10 March.

The third ASX 200 share you might not know is trading ex-dividend today is financial software provider Iress Ltd (ASX: IRE).

The Iress share price is down 3%, with investors buying the stock today no longer eligible to receive the 30 cents per share unfranked dividend.

That’s the same as the final dividend payout the prior year, despite Iress reporting a 28.6% fall in full-year NPAT, which came in at $52.7 million.

The post 3 ASX 200 shares you might not know are trading ex-dividend today appeared first on The Motley Fool Australia.

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Motley Fool contributor Bernd Struben 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 recommended Jb Hi-Fi. 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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