When an ASX 200 share goes ex-dividend, it can be quite the event. As new investors in a company going ex-dividend won’t receive the dividend payment, its value typically leaves the share price. This can spark some wild share price moves as investors adjust.
Here are five such S&P/ASX 200 Index (ASX: XJO) shares that are going ex-dividend today. So let’s see how their new dividend payments measure up.
5 ASX 200 shares going ex-dividend today
JB Hi-Fi Ltd (ASX: JBH)
Entertainment retailer JB Hi-Fi is our first ASX 200 share going ex-dividend today. JB is set to pay out its interim dividend of $1.63 per share, fully franked, on 11 March. JB’s last interim dividend was worth $1.80 so this payout is a little lower than its last. At the latest JB Hi-Fi share price of $50.27, the company has a dividend yield of 5.37%.
Domain Holdings Australia Ltd (ASX: DHG)
ASX 200 property company Domain is next up. This classifieds business will be paying out its own interim dividend on 15 March next month. This dividend will be worth 2 cents per share, fully franked. That’s flat with last year’s interim payment. At the latest Domain share price of $4.02, this company has a dividend yield of 1.49%.
Netwealth Group Ltd (ASX: NWL)
The next cab off the rank is ASX 200 wealth manager Netweath. Netwealth will be forking out its interim dividend of 10 cents per share, fully franked, on 24 March. That’s a slight increase on this company’s last interim dividend, which came in at 9.06 cents per share. At the latest Netwealth share price of $14.10, the company has a dividend yield of 1.38%.
Magellan Financial Group Ltd (ASX: MFG)
Magellan pleasantly surprised investors last week with its interim dividend of $1.101 per share, partially franked at 75%. This ASX 200 fund manager will be paying out this dividend, which is its highest interim payment ever, on 8 March. Its previous interim dividend was worth 97.11 cents per share. At the latest Magellan share price of $20.38, this company has a rather meaty dividend yield of 11%.
AGL Energy Ltd (ASX: AGL)
AGL made headlines early this week when it received a takeover offer. But that won’t stop AGL from paying out its interim dividend of 16 cents per share, unfranked, on 30 March. Unfortunately for investors in this ASX 200 energy generator and retailer, that’s a significant reduction from the company’s previous interim dividend of 31 cents per share. At the latest AGL share price of $7.68, the company has a dividend yield of 6.51%.
The post These 5 ASX 200 shares are trading ex-dividend today 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. owns and has recommended Netwealth. The Motley Fool Australia owns and has recommended Netwealth. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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