A good portion of blue chip companies have now reported their respective results and announced their interim or final dividends.
This means that investors that want to qualify for these dividends will need to act fact before they lose the rights to them.
Seven popular dividend shares will trade ex-dividend next week. Here's when you need to buy these shares to qualify for their dividends:
Challenger Ltd (ASX: CGF) shares are due to trade without the rights to the annuities company's fully franked 17.5 cents per share interim dividend on Tuesday February 26. After which, this dividend will be paid to eligible shareholders a month later on March 26.
Coca-Cola Amatil Ltd (ASX: CCL) shares will trade ex-dividend on Tuesday February 26 for the beverage giant's partially franked 26 cents per share final dividend. Shareholders will have to wait until April 10 for their pay check.
Fortescue Metals Group Limited (ASX: FMG) shares go ex-dividend on Thursday February 28 for the iron ore producer's fully franked 30 cents per share interim dividend. Shareholders will then be paid this dividend on March 22.
NIB Holdings Limited (ASX: NHF) shares are set to trade without the rights to the health insurer's fully franked 10 cents per share interim dividend on Thursday February 28. NIB shareholders will then be paid this dividend on April 2.
Telstra Corporation Ltd (ASX: TLS) shares will trade ex-dividend on Wednesday February 27 for the telco giant's 8 cents per share fully franked dividend. This will then be paid to the company's shareholders on March 29.
Wesfarmers Ltd (ASX: WES) shares will be trading without the rights to the conglomerate's interim and special dividends on Tuesday February 26. The $1.00 per share interim dividend and $1.00 per share special dividend will then be paid to shareholders on April 10. Both these dividends are fully franked.
Woolworths Group Ltd (ASX: WOW) shares will trade ex-dividend for the retailer's fully franked 45 cents per share interim dividend on Thursday February 28. It will then be paid to eligible shareholders on April 5.
Foolish Takeaway.
To qualify for any of these dividends you need to make sure you are on the share registry at the close of play the day before they trade ex-dividend. After that date you will still qualify for the dividend even if you sell the shares before the payment date.
