4 ASX 200 shares trading ex-dividend next week

$100 notes in a dishwasher, symbolising dividends.

$100 notes in a dishwasher, symbolising dividends.

It’s set to be a big week for ASX 200 dividend investors next week. That’s because we have not one, not two, but four ASX 200 shares set to trade ex-dividend.

When an ASX 200 share goes ex-dividend, it draws a line between the shareholders who are eligible for an upcoming dividend and those who are not. Anyone who owns a company before the day its sales trade ex-dividend is eligible to receive the said dividend. But if an investor buys the shares on or after the ex-dividend date, they miss out on the current round.

That’s why we tend to see the value of a share that goes ‘ex-div’ fall on the day – it reflects this loss of value for new shareholders.

So let’s get into the four ASX 200 shares that will go through this experience next week.

4 ASX 200 shares that will trade ex-dividend next week

Elders Ltd (ASX: ELD)

ASX 200 agricultural share Elders is first up. This farming supplies and services company will fork out an interim dividend of 23 cents per share, partially franked at 30%, on 22 June. But investors will be quick if they wish to receive it, with the ex-dividend date set for next Tuesday, 23 May.

This interim dividend is a bit of a step back for Elders, who paid out 28 cents per share in May 2022. At the current Elders share price, this ASX 200 share has a dividend yield of 7.42%.

Amcor CDI (ASX: AMC)

Next up is ASX 200 cardboard and packaging share Amcor. Amcor shares are also scheduled to trade ex-dividend on Tuesday 23 May. Amcor is a rare ASX 200 share that pays out quarterly dividends, so this latest one will be worth an unfranked 12.25 US cents per share (18.43 cents).

That’s the same amount as investors bagged back in March. But it also represents a decent increase over last year’s commensurate dividend of 12 US cents.

Pay date for Amcor is set for 20 June. Right now, Amcor shares offer a trailing yield of 4.58%.

Orica Ltd (ASX: ORI)

Explosives manufacturer Orica is our third ASX 200 share worth a look today. We’re back to a bi-annual dividend with this one, with Orica preparing to dole out its latest interim dividend on 3 July.

This will be worth 18 cents per share, unfranked – a pleasing increase over the 13 cents per share investors were paid last July. Orica’s ex-dividend date is set for next Thursday, 25 May. The company has a trialling dividend yield of 1.76% right now.

CSR Limited (ASX: CSR)

Rounding out our list today is ASX 200 building and construction supplies share, CSR. Earlier this month, CSR declared that its latest final dividend would be worth a fully-franked 20 cents per share. The payment day is set for 3 July, while the ex-dividend date is next Friday, 26 May.

This 20-cent payout is one of CSR’s highest ever. It beat out both last July’s final dividend of 29 cents and December’s interim dividend of 16.5 cents per share.

On current pricing, CSR shares offer a dividend yield of 6.8%.

The post 4 ASX 200 shares trading ex-dividend next week appeared first on The Motley Fool Australia.

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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 has positions in and has recommended Amcor Plc. The Motley Fool Australia has recommended Elders. 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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