4 ASX 200 shares trading ex-dividend next week

Thinking about buying S&P/ASX 200 Index (ASX: XJO) dividend shares next week? If you’ve got your eye on these four, you’d better be quick!

They’re about to trade ex-dividend, and once they do, new investors will have missed out on their upcoming payouts.

Stocks also often fall by the approximate value of their dividend as they pass their ex-dividend dates, as the upcoming payout can no longer be factored into its share price.

So, which ASX 200 shares will be trading ex-dividend next week? Keep reading to find out.

4 ASX 200 shares trading ex-dividend next week

Among the first shares off the ex-dividend rank is ASX 200 big four bank Australia and New Zealand Banking Group Ltd (ASX: ANZ).

The bank will be handing out its fully franked 74-cent final dividend to those holding its shares before Monday on 15 December.

Macquarie Group Ltd (ASX: MQG) shares will also trade ex-dividend on Monday.

The financial services giant is offering those that hold its shares at today’s close its $3 per share, fully franked, interim dividend. It will begin to hit investors’ accounts on 13 December.

Iron ore favourite Champion Iron Ltd (ASX: CIA) will also be trading ex-dividend on – you guessed it – Monday. The company revealed its interim last Thursday.

It’s unfranked and comes in at 10 Canadian cents. The official Australian dollar equivalent will come to light on 22 November. But, for now, the current exchange rate means 10 Canadian cents is equivalent to 12 Aussie cents. The dividend will be paid on 29 November.

Finally, breaking the pattern is ASX 200 healthcare share ResMed Inc (ASX: RMD). It won’t be trading ex-dividend until Wednesday.

Unlike the previous three dividends, ResMed’s has been derived from the company’s September quarter earnings. It’s worth 4.4 US cents. The official Australian dollar amount will be revealed on 11 November, but until then, 4.4 US cents is worth around 7 Aussie cents. ResMed will start to pay out the offering on 15 December.

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 Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended ResMed Inc. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended ResMed. The Motley Fool Australia has positions in and has recommended ResMed Inc. The Motley Fool Australia has recommended Macquarie Group 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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