This week a number of dividend shares will go ex-dividend, meaning income investors will need to act fast if they want to benefit.
Three popular dividend shares that go ex-dividend tomorrow are listed below. Here's what's on offer:
Sydney Airport Holdings Pty Ltd (ASX: SYD)
The operator of Sydney Airport will go ex-dividend tomorrow for its 18 cents per share final dividend. This will then be paid to eligible shareholders on February 14. At the current share price this equates to an annualised yield of approximately 5%. I think Sydney Airport could be worth considering given this generous yield and the positive tailwinds of the tourism boom.
Transurban Group (ASX: TCL)
The toll road giant's shares go ex-dividend on Thursday for its 28 cents per share interim dividend which is expected to be paid to shareholders on February 16. Transurban's shares currently provide a trailing partially franked 4.3% dividend. While I do like Transurban, I would suggest investors wait for a pull back before investing.
Vicinity Centres Re Ltd (ASX: VCX)
The shares of this real estate trust go ex-dividend tomorrow for its interim 8.1 cents per share dividend. Eligible shareholders will have to wait a bit longer than the others for this dividend, though. It isn't due to be paid to shareholders until February 28. This means that the shares of the owner and operator of over 100 shopping centres in Australia provide investors with a trailing 6% dividend.
