Insights

Time is running out to secure dividends from these 3 ASX 200 shares

The clock is ticking to sign up for these dividends.
The post Time is running out to secure dividends from these 3 ASX 200 shares appeared first on The Motley Fool Australia. –

Investors have been paying attention to dividend-paying shares inside the S&P/ASX 200 Index (ASX: XJO) recently as growth shares fall out of favour.

Many dividend shares pay superior returns compared to a savings account. Even if interest rates rise further — as the Reserve Bank of Australia suggests — these passive income generators may still provide a better yield.

However, when it comes to dividend shares, there’s an important date known as the ex-dividend date. If you want to receive a company’s next payout, this is the date you need to own the shares before.

With that in mind, here are three ASX 200 dividend shares with ex-dates just around the corner.

Doors are closing on these ASX 200 dividend shares

Pendal Group Ltd (ASX: PDL)

The first company with an upcoming dividend on our list also boasts the largest dividend yield. ASX-listed fund manager Pendal Group is slated to go ex-dividend on Thursday next week. That’s after announcing its interim dividend with the company’s solid results yesterday.

If you’re a shareholder — or become one before Thursday — the next inbound dividend payment is 21 cents per share. Hence, Pendal’s 12-month trailing dividend yield sits at roughly 8.7%.

Westpac Banking Corp (ASX: WBC)

Another share in the ASX 200 going ex-dividend on Thursday next week is one of Australia’s major banks. The best performing of the big four banks since the beginning of the year is getting set to pay up after impressing shareholders with its recent half-year results.

To the delight of shareholders, the third-largest of the big four will be providing 61 cents per share fully franked to its investors on 24 June. However, those who want a slice of the action will need to be on the register before Thursday.

Macquarie Group Ltd (ASX: MQG)

The third and final ASX 200 dividend share on our list is Macquarie Group. While 2022 hasn’t quite been the year that investors might have hoped for in terms of the Macquarie share price, they can still expect a reasonable dividend to come their way.

Unlike the previous two, Macquarie’s dividend comes with an ex-dividend date of 16 May. That means if you want to enjoy the fruits of the investment bank’s labour, you will need to buy shares this week. Those eligible for the payment will receive $3.50 per share, with $1.40 of that amount franked.

The post Time is running out to secure dividends from these 3 ASX 200 shares appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of January 12th 2022

More reading

2 top ASX dividend shares experts rate as buys
Westpac share price is a buy: Broker tips ‘strongest EPS growth in the sector’
Leading brokers name 3 ASX shares to sell today
Why EOS, Pendal, PolyNovo and Xero shares are charging higher
Pendal share price surges as profit soars 60%

Motley Fool contributor Mitchell Lawler has positions in Macquarie Group Limited. 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 Macquarie Group Limited and Westpac Banking Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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.

  • This field is for validation purposes and should be left unchanged.

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 - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US & HK* Trades. Click Here!