These ASX shares are going ex-dividend this week; check out their pay dates

Be the First to Comment Read

These ASX shares are going ex-dividend this week; check out their pay dates

Ex-dividend is a term used to describe a stock trading without the value of the next dividend payment.   
Image source: © Moth   | Megapixl.com

Highlights

  • The term ex-dividend is used to describe a stock trading without the value of the next dividend payment.
  • The ex-dividend date or ‘ex-date’ is the day the stock begins trading without the value of its next dividend payment.A few ASX-listed companies going ex-dividend this week include – WAM LICs, Harvey Norman Holdings and Reece.

The term ex-dividend is used to describe a stock trading without the value of the next dividend payment. The ex-dividend date or ‘ex-date’ is the day the stock begins trading without the value of its next dividend payment.

Dividends are generally announced a few weeks before the ex-dividend date. Thus, to become eligible to receive dividends, investors should buy stocks in a firm before the ex-dividend date.

On that note, let us zero in on three ASX stocks going ex-dividend this week:

WAM LICs

Wilson Asset Management shares an investment management agreement with eight LICs.

Four of WAM LICs, which are listed on the ASX, are trading ex-dividend on Monday. These include WAM Alternative Assets Ltd (ASX: WMA), WAM Research Ltd (ASX:WAX), WAM Microcap Ltd (ASX:WMI) and the Future Generation Global Investment Co Ltd (ASX:FGG).

These four LICs are scheduled to pay their fully franked dividends on 22 October 2021.

WAM Alternative Assets Ltd – 2 cents

WAM Research Ltd – 5 cents

WAM Microcap Ltd – 8 cents

Future Generation Global Investment Co Ltd – 8 cents

Harvey Norman Holdings Ltd (ASX:HVN)

Harvey Norman Holdings is into the business of selling furniture, computer, bedding, consumer electricals and communication products.

The stock would trade ex-dividend on Friday. It will issue a fully franked final dividend of 15 cents per share on 15 November 2021. The company has a dividend yield of 7.01% on its Friday’s closing price of AU$4.99

Reece Ltd (ASX:REH)

Reece Ltd is engaged in the distribution of plumbing-related work. The company is scheduled to go ex-dividend on Tuesday. It will pay a fully franked final dividend of 12 cents per share for FY21 on 27 October 2021. The company has a dividend yield of 1.01% on its Friday’s closing price of AU$17.86.

Companies generally announce dividends a few weeks before the ex-dividend date.

Source: © Kiosea39   | Megapixl.com

Duxton Water Ltd (ASX:D2O)

Duxton Water comes belongs to the utilities sector and invests in Australian water entitlements. The company is going ex-dividend on Thursday. It will pay a fully franked interim dividend of 3.1 cents per share on 29 October 2021. The company has a dividend yield of 4.24% on Friday’s closing price of AU$1.44.

RELATED ARTICLE: Global minimum tax rate: Key things to know about the landmark deal

RELATED ARTICLE: Seven ASX 200 stocks that had a lacklustre week

RELATED ARTICLE: Japan set for polls; will it affect Japan-Australia relations?

Disclaimer

Speak your Mind

Featured Articles

Ad
kalkine logo

GET A FREE STOCK REPORT

Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK