Ex-dividend technically is scenario when a stock is trading without the value of next dividend payment, and the ex-dividend date is the day on or after which a stock is traded without including a previously declared dividend. It is typically two business days for the record date and if one buys the stock on or after the ex-dividend date, he will not be entitled to get next dividend benefit.
Here we are discussing a list of five stocks going ex-dividend on January 09, 2020.
Aveva Group Plc (LON: AVV): Aveva Group is £7.68bn market-cap company that is engaged in providing engineering, design, and information management software in three geographical segments; the Asia Pacific, Americas, and Europe, Middle East and Africa (EMEA). The outstanding market capitalisation of the group ranks it among the large caps listed and traded stock on the main market of the London Stock Exchange. It is a constituent company of the broader equity benchmark of the UK “FTSE 100 Index”.
Its shares went ex-dividend as on January 09, 2020, for interim cash dividend of GBX 15.5/share announced in H1FY20, which will be paid on February 07, 2020. The interim dividend of GBX 15.5/share declared for the first half of FY20 was also around 10.7% higher than GBX 14.4/share of interim dividend declared during the first half of FY18.
At the time of writing (as on January 09, 2020, at 12:19 PM GMT), its shares traded 38.0 points or 0.80% higher at GBX 4,794.0 and during the day’s session, it registered an intraday high of GBX 4,800 and a low of GBX 4,756.0, respectively. At the current price level, the stock is offering a dividend yield of 0.94%.
In a year-over period, its shares delivered a price return of 90.24%, were up about 23% in the past three months, bagged approximately 4.02% in a month over the period and increased around 2% in the past five trading sessions.
WH Smith Plc (LON: SMWH): The United Kingdom-based WH Smith is speciality retailers. Its areas of operation are divided into two segments; High Street and Travel. The outstanding market capitalisation of the group stood at £3.01bn, which ranks it among the mid-cap companies listed and traded on the main market segment of the London Stock Exchange. It is a key constituent company of the FTSE 250 index.
Shares of WH Smith went ex-dividend as on January 09, 2020, for a final cash dividend of GBX 41/share announced by the group for full-year FY19. The dividend payment date is January 30, 2019. The final dividend announced by the group for FY19 was 8% higher against the year-over period.
After going ex-dividend, its shares traded approximately 68.0 points or 2.6% lower at GBX 2,550.0, at the time of writing at 12:50 PM GMT. Also, during the day’s trading (before the market close) its shares have touched an intraday high of GBX 2,574.0 and a low of GBX 2,532.0, respectively. Also, at the current market price, the stock is offering a dividend yield of 2.23%.
UDG Healthcare Plc (LON: UDG): London Stock Exchange-traded UDG Healthcare is an Ireland-based health care equipment company. The group is engaged in providing advisory, commercial, clinical, communication and packaging services to the healthcare industry in approximately 25 countries. The £1.97bn market-cap company is a constituent of the UK’s mid-cap gauge FTSE 250 index.
The stock of UDG Healthcare went ex-dividend on January 09, 2020 for the final cash dividend of USD 12.34/share announced by the group in the preliminary results of the FY19. The dividend is planned to be paid on February 05, 2020. Also, the final cash dividend for FY19 was 5% above the final cash dividend announced in the FY18.
After going ex-dividend, UDG Healthcare stocks slumped 1.0 points or 0.13% to trade at GBX 786.50, at 12:55 PM GMT. In the day trading (before the market close), its stock registered an intraday high of GBX 795.0 and an intraday low of GBX 784.0, respectively.
At the current traded level as mentioned above, its shares were offering a dividend yield of 1.60%.
Volex PLC (LON: VLX): Alternative Investment Market- traded Volex Plc is the United Kingdom-based Electronic and Electrical Equipment company. The £227.80 market-cap company is a supplier of power cords and cables, assembly solution servicing a range of markets i.e., consumer electronics, telecommunications, data centres, medical equipment and the automotive sector as well.
The stock of Volex went ex-dividend on January 09, 2020 for the interim dividend of GBX 1.0/share announced by the board for H1FY19. The dividend is planned to be paid on February 05, 2020. The group has announced a dividend for the first time in the company's history.
Its shares on January 09, 2020, trading session were 2.0 points or 1.32% higher at GBX 154.0 at 01: 14 PM GMT, after its shares went ex-dividend. Also, in the day’s trading session (before the market close), its shares have registered an intraday high of GBX 154 and a low of GBX 149.0, respectively.
Workspace Group PLC (LON: WKP): The £2.12bn market-cap company is the UK-based Real Estate Investment Trusts (REITs), with operational interests in the property investment. The group offers the commercial property to let across the capital city of UK. The group's outstanding market-capitalisation ranks it among the mid-caps listed and traded on the main market of the London Stock Exchange and it is also a constituent of the FTSE 250 index.
Shares of Workspace went ex-dividend on January 09, 2020 for an interim dividend of GBX 11.67p announced by the board for the H1FY20, which will be paid as on February 05, 2020. Also, the interim dividend announced for H1FY20 was 10% higher against the same period of the previous financial year.
After going ex-dividend, its stocks traded 20.0 points or 1.70% lower at GBX 1,155.0 at 01:40 PM GMT. In the day’s trading (before the market close), its shares have recorded an intraday high of GBX 1,182.0 and a low of GBX 1.155.0, respectively. At the current traded level, its stocks are offering a dividend yield of 2.9%.
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