The S&P/ASX 200 Index (ASX: XJO) is having a rough start to the week, sliding 0.76%, but these three ASX shares are still struggling to keep up with the market.
Theyâve got a reasonable excuse for their underperformance right now, however. They’re all trading ex-dividend today.
That means, from now on, anyone snapping up the stocks wonât be eligible to receive their upcoming dividends.
Letâs take a closer look at three ASX 200 shares passing the unfortunate milestone on Monday.
3 ASX 200 shares trading ex-dividend today
Vicinity Centres (ASX: VCX)
Shares in ASX 200 real estate investment trust (REIT) Vicinity Centres are trading ex-dividend today. The stock has slipped 1.54% to trade at $1.92 at the time of writing.
The company announced a 5.7 cent, unfranked final dividend last week, representing a portion of its $.2 billion full-year after-tax profit.
From today, those buying into the REITâs shares wonât get their hands on the payout. It will start to hit investorsâ accounts on 12 September.
Magellan Financial Group Ltd (ASX: MFG)
ASX 200 funds management business Magellan is also in the red today. Its share price is down 10.77%, trading at $12.88, likely at least partially due to its ex-dividend date.
The company declared a 68.9 cent, 80% franked dividend within its financial year 2022 earnings, released last week. That left its stock trading with a whopping 12.4% dividend yield as of yesterdayâs close.
Those that were invested in the stock on Friday will receive the payout early next month.
Aurizon Holdings Ltd (ASX: AZJ)
The final ASX 200 share trading ex-dividend today is Aurizon. The rail freight operator’s share price is currently falling 4.18% to trade at $3.785.
The company revealed a 10.9 cent, fully franked final dividend on 8 August, representing a 24% cut on its previous final payout.
That dividend will be paid out on 21 September to those on the companyâs registry as of Fridayâs close.
The post 3 ASX 200 shares trading ex-dividend today appeared first on The Motley Fool Australia.
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Motley Fool contributor Brooke Cooper 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 Aurizon Holdings Limited. 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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