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Here’s 3 popular ASX shares that are trading ex-dividend next week

Seeking a dividend income? Here are three ASX shares about to trade ex-dividend.
The post Here’s 3 popular ASX shares that are trading ex-dividend next week appeared first on The Motley Fool Australia. –

These popular S&P/ASX 200 Index (ASX: XJO) shares are climbing today despite no news coming from each of the companies.

While the market is recovering lost ground, investors might be buying up these ASX shares before trading ex-dividend next week.

The ex-dividend date is when investors must have purchased a company’s shares beforehand to be eligible for the upcoming dividend. If an investor buys the shares on or after this date, the dividend will go to the seller.

Charter Hall Group (ASX: CHC) shares will trade ex-dividend next Wednesday.

Despite not reporting any financial performance since its half year results, the integrated property company announced its latest dividend distribution.

The board declared a 44.94% franked interim dividend of 20.47 cents per security. This will be paid to eligible shareholders on 31 August.

This brings the total distribution per security for the half year ending 30 June 2022 to 40.13 cents per security.

When comparing to the FY21 distribution of 37.86 cents per security, this represents a 6% increase.

Transurban Group (ASX: TCL) shares are also set to trade without the rights next Wednesday.

The toll road operator advised it is paying out 26 cents per stapled security for the six months ending 30 June 2022.

The 8.34% franked dividend will be distributed to eligible shareholders on 23 August.

This takes the total FY22 distribution to 41 cents per stapled security, of which 2 cents is fully franked.

Goodman Group (ASX: GMG) shares are going to trade ex-dividend on Wednesday 28 June.

The integrated commercial and industrial property group is scheduled to reward its shareholders with a 15 cents per stapled security dividend.

Unlike the above two, the Goodman dividend is unfranked which means shareholders won’t receive any tax credits for this.

Payment is expected to be on 25 August.

The post Here’s 3 popular ASX shares that are trading ex-dividend next week appeared first on The Motley Fool Australia.

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More reading

Why ASX-listed property shares could be on the chopping block
5 things to watch on the ASX 200 on Wednesday
Broker names 2 of the best ASX 200 shares to buy now
2 ASX shares rated as strong buys by several brokers
2 ASX 200 infrastructure shares ‘ripe for takeout’: expert

Motley Fool contributor Aaron Teboneras 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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