Here are 4 financial shares going ex-dividend on Thursday.
The post These 4 ASX financial shares are going ex-dividend today appeared first on The Motley Fool Australia. –
It’s a big day for ex-dividend dates today and these are the financial shares to keep an eye on.
What is an ex-dividend date?
Ex-dividend dates represent the day an investor must hold a company’s stock in order to receive its dividend. If someone buys shares in these companies today, their upcoming dividends will go to the shares’ seller.
As a result, companies’ share prices tend to dip on their ex-dividend date as part of their stock’s value is unable to be traded.
So, without further ado, here are 4 financial shares going ex-dividend today.
4 financial shares going ex-dividend today
Global Value Fund Ltd (ASX: GVF)
The Global Value Fund share price is slipping 0.17% to $1.19 today as the fund’s stock goes ex-dividend.
Investors who held Global Value Fund shares as of yesterday will see a 3.3 cent fully franked dividend paid to their account on 8 November.
The dividend was announced after the company realised $56.9 million of revenue and $32.4 million of net profits after tax for the financial year 2021.
Metrics Income Opportunities Trust (ASX: MOT)
Metrics Income Opportunities Trust has also gone ex-dividend today.
It will pay out a 0.93 cent dividend on 8 October.
The trust’s share price has been wobbling in and out of the green today. At the time of writing, it is $2.07, 0.45% higher than its previous close.
Metrics Master Income Trust (ASX: MXT)
The Metrics Master Income Trust share price has dipped 0.17% today. It is currently $2.06.
The company will pay its shareholders 0.6 cents for each share in the trust they hold from 8 October.
Partners Group Global Income Fund (ASX: PGG)
Finally, the Partners Group Global Income Fund share price is down today as the fund goes ex-dividend.
The fund will pay out a 0.7 cent dividend to its shareholders, starting on 18 October.
Right now, the Partners Group Global Income Fund share price is trading at $1.89, 0.43% lower than its previous close.
The post These 4 ASX financial shares are going 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 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 Bruce Jackson.