Insights

These 5 ASX shares are going ex-dividend this week

We take a look at the shares that may be affected by trading without the prospect of an upcoming dividend this week.
The post These 5 ASX shares are going ex-dividend this week appeared first on The Motley Fool Australia. –

ASX shares trading ex-dividend are always an interesting show to get a seat to. Since an ex-dividend date represents the first time a share trades without an upcoming dividend on offer, there are normally some notable and sometimes dramatic share price movements around these dates. Something to watch out for!

So here are 5 ASX shares that will trade ex-dividend at some point this week.

5 ASX dividend shares going ex-dividend this week

Vanguard US Total Markets ETF (ASX: VTS)

This exchange-traded fund (ETF) from Vanguard covers the entire US stock market, almost 4,000 companies. It pays a dividend distribution quarterly, the latest of which is due to leave this ETF’s books today. Unitholders will receive the 84.91 cent distribution, unfranked, on 25 October. This ETF has a trailing yield of approximately 1.2%.

Gold Road Resources Ltd (ASX: GOR)

An ASX gold miner, Gold Road Resources is also set to trade ex-dividend today. Shareholders can look forward to receiving this miner’s interim dividend of half a cent per share, fully franked, on 28 October. At Gold Road’s last share price of $1.22, this company had a dividend yield of 1.64%.

Rural Funds Group (ASX: RFF)

Agricultural ASX Real Estate Investment Trust (REIT) Rural Funds is also scheduled to trade ex-dividend this week, on Wednesday to be precise. Unitholders can expect Rural Funds’ latest interim dividend distribution on 29 October. This payment will be worth 2.93 cents per unit but, since Rural Funds is a REIT, it will come unfranked. At Rural Funds’ last unit price of $2.71, it has a yield of 4.19% on offer.

Meridian Energy Ltd (ASX: MEZ)

This New Zealand-based renewable energy company will be paying out its unfranked final dividend of 10.48 cents per share on 15 October after it trades ex-dividend on Wednesday. Meridian last traded at a price of $5.05 a share and, as such, offers a yield of 3.03% at the present time.

Nick Scali Limited (ASX: NCK)

This ASX furniture company is our final share for today. Nick Scali has told investors to expect a final and fully franked dividend of 25 cents per share to hit their bank accounts on 25 October. This dividend will leave the Nick Scali share price on Friday when the company goes ex-dividend. At the last share price of $11.39, the company has a yield of 5.71%.

The post These 5 ASX shares are going ex-dividend this week appeared first on The Motley Fool Australia.

Should you invest $1,000 in Nick Scali right now?

Before you consider Nick Scali, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Nick Scali wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

More reading

2 ASX shares that may be worth researching this weekend

These were the worst performers on the ASX 200 last week

2 ASX dividend shares that could be buys with yields above 4%

2 ASX 200 shares that could be buys for dividends

2 ASX shares you missed that had cracking results

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. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended RURALFUNDS STAPLED. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!