Insights

What you need to know about the CSL (ASX:CSL) dividend dates in 2021

To be eligible for CSL’s upcoming dividend, here’s what you need to know…
The post What you need to know about the CSL (ASX:CSL) dividend dates in 2021 appeared first on The Motley Fool Australia. –

The CSL Limited (ASX: CSL) share price closed 1.47% lower on Wednesday following the company’s FY21 full-year results.

However, while CSL reported a strong performance, investors will be keen to know the details regarding its dividend.

Below, we look at all the details given to us.

What you need to know about CSL’s dividend dates

CSL released the distribution amount and payment dates of its final dividend for the 2021 financial year today.

The company will reward its shareholders with US$1.18 per share. This brings the full-year dividend to US$2.22 per share, up 10% year-on-year.

Based on the current CSL share price of $293.56 apiece, this gives the company a trailing dividend yield of just over 1%.

While this may not seem much, it’s worth noting that the CSL share price has enjoyed strong growth over the long term. In fact, in the past 5 years, the average return for investment stands at 22.86% per year.

Here’s a summary of the important dates CSL shareholders will need to know:

Ex-dividend date

The ex-dividend date will be 2 September 2021.

Typically one day before the record date, the ex-dividend date is when investors must have purchased CSL shares. If the investor does not buy CSL shares before this date, the dividend will go to the seller.

Record date

The record date for CSL’s final dividend is 3 September 2021.

Essentially acting as the cut-off date, this is the date where the company identifies which investors are on its register. Those who are on the CSL’s books will be eligible to receive its upcoming dividend.

Payment date

The payment date for the CSL’s dividend will be 30 September 2021.

This is when investors can expect to see the final dividend of US$1.18 per share land in their accounts.

CSL share price snapshot

It has been a whirlwind year for CSL shares which have been relatively flat for the last 12 months. Year-to-date, the share price has fared slightly better, gaining around 4%.

On valuation grounds, CSL has a market capitalisation of roughly $134 billion, with 455 million shares on issue.

The post What you need to know about the CSL (ASX:CSL) dividend dates in 2021 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 more than eight 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 August 16th 2021

More reading

Passive income your thing? These 3 ASX dividend shares just declared bigger payments

Why Bapcor, BHP, CSL, & Netwealth shares are tumbling today

What is the outlook for the CSL (ASX:CSL) share price following FY21 results?
CSL (ASX:CSL) share price slumps despite 10% revenue growth
CSL (ASX:CSL) earnings release. How does it compare to expectations?

Motley Fool contributor Aaron Teboneras owns shares of CSL Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended CSL Ltd. 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.

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!