A few ASX 200 shares are due to go ex-dividend soon. When this happens, it means that the rights to an upcoming dividend are settled.
As a result, if you are not on its share registry when the ex-dividend date is reached, you won’t be receiving the dividends when they are paid.
With that in mind, let’s now take a look at three ASX 200 shares that have ex-dividend dates next week.
Here’s when you will need to buy their shares if you want to receive these dividends:
ALS Ltd (ASX: ALQ)
Last month, this testing services company released its FY 2024 results and revealed a 6.8% increase in underlying revenue to $2,586 million.
And while ALS posted a massive $278.3 million decline in statutory net profit after tax to just $12.9 million, this was predominantly due to impairments and restructuring provisions, as well as other one-off items.
This didn’t stop the ALS board from declaring a final dividend of 19.6 cents per share, which represents a payout of $94.9 million.
If you want to receive this dividend, you will need to buy the ASX 200 share before it trades ex-dividend on 12 June. After which, you can look forward to receiving the partially franked dividend next month on 2 July.
Champion Iron Ltd (ASX: CIA)
Another ASX 200 share that released its FY 2024 results last month was Champion Iron. The Canadian iron ore miner reported FY 2024 revenue of C$1,524 million and EBITDA of C$553 million.
This allowed the Champion Iron board to declare a 10 Canadian cents (11 Australian cents) per share final dividend. Its shares will trade ex-dividend for this on 13 June. The company will then pay it to eligible shareholders on 3 July.
Incitec Pivot Ltd (ASX: IPL)
This agricultural chemicals and commercial explosives company reported its half year results in the middle of May.
Incitec Pivot posted a net loss after tax including individually material items (IMIs) of $148 million. However, these IMIs were largely non-cash impairments of the fertilisers business.
Net profit after tax excluding IMIs came in at $164 million for the six months. In light of this, the ASX 200 share was able to declare an unfranked interim dividend of 4.3 cents per share.
Incitec Pivot’s shares will be going ex-dividend for this on 13 June. It is then scheduled to be paid to eligible shareholders three weeks later on 4 July.
The post 3 ASX 200 shares with ex-dividend dates next week appeared first on The Motley Fool Australia.
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Motley Fool contributor James Mickleboro 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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