These ASX 200 shares are trading ex-dividend today

Investors who owned these shares will be set for a dividend payment…

| More on:
Older woman looks concerned as she counts cash notes

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Investors may be wondering why a number of popular ASX 200 shares have fallen today despite no news coming from the companies.

The conclusion of the August earnings season has led to a vast majority of ASX shares trading ex-dividend in September.

The ex-dividend date is when investors must have purchased a company's shares to be eligible for the upcoming dividend. If an investor buys the shares on or after this date, the dividend will go to the seller.

Below, we take a look at the list of shares that are trading ex-dividend today.

IGO Ltd (ASX: IGO)

IGO provided its full-year results to the market at the end of August, highlighting growth in key metrics.

Revenue rose 12% on the prior corresponding period to $671.7 million. This led profit from continuing operations to be up 35% to $116.8 million.

The board declared a fully franked final dividend of 10 cents per share, payable on 23 September 2021.

The IGO share price has accelerated more than 118% over the past 12 months with year-to-date gains above 51%.

BlueScope Steel Ltd (ASX: BSL)

BlueScope Steel released its full-year result in mid-August, delivering triple-digit increases across the board.

Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) surged 207% to a record $1.72 billion. An even better percentage came from the company's reported net profit after tax, rocketing 1,222% to $1.19 billion.

BlueScope Steel advised of an unfranked final dividend of 25 cents per share. In addition, a special dividend of 19 cents apiece will also be paid. The company is set to distribute its rewards to shareholders on 13 October 2021.

The BlueScope Steel share price has travelled almost 80% higher since this time last year and is up 32% in 2021.

Origin Energy Ltd (ASX: ORG)

Origin revealed its full-year results on 19 August, recording a disappointing finish for the 2021 financial year.

Total group revenue slumped 8% to $1.2 billion which impacted the company's bottom line, down 69% to $318 million.

The board decided to reduce its final unfranked dividend to 7.5 cents per share, landing in shareholder accounts on 1 October 2021.

The Origin share price has lost 13% in the past 12 months and is treading 6% lower this year alone.

Sonic Healthcare Ltd (ASX: SHL)

Sonic Healthcare issued its full-year results on 23 August, registering a positive performance for the financial year's end.

Revenue lifted by 28% on the prior comparable period to $8.8 billion. The bumper earnings translated to a 149% surge in net profit to $1.3 billion.

Management noted that the progressive dividend will be maintained, announcing a 65% franked final dividend of 55 cents.

The funds are scheduled to be paid to eligible shareholders on 22 September 2021.

The Sonic Healthcare share price has jumped 33% higher in the past year, with these gains coming in 2021.

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Sonic Healthcare Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Market News

rising gold share price represented by a green arrow on piles of gold block
Share Gainers

Here are the top 10 ASX 200 shares today

It was a horrible way to end the trading week today for ASX investors.

Read more »

Piggy bank sinking in water symbolising a record low share price.
52-Week Lows

9 ASX 200 shares tumbling to 52-week lows today

Israel's strike on Iran on Friday dragged several ASX 200 shares to new depths.

Read more »

Female miner smiling at a mine site.
Share Gainers

Up 834% in a year, guess which ASX mining stock is hitting new all-time highs today

The ASX mining stock has gone from strength to strength over the past year.

Read more »

Broker written in white with a man drawing a yellow underline.
Broker Notes

Brokers name 3 ASX shares to buy now

Here's why brokers are feeling bullish about these three shares this week.

Read more »

A male investor wearing a blue shirt looks off to the side with a miffed look on his face as the share price declines.
Share Fallers

Why COG, Karoon Energy, Netwealth, and Pilbara Minerals shares are dropping today

These ASX shares are ending the week deep in the red. But why?

Read more »

Man drawing an upward line on a bar graph symbolising a rising share price.
Share Gainers

Why Fiducian Group, Northern Star, Paradigm, and Santos shares are charging higher

These shares are avoiding the market selloff.

Read more »

Dollar sign in yellow with a red falling arrow in front of a graph, symbolising a falling share price.
Share Market News

Why did the ASX 200 just sink to new 2-month lows on Friday?

It’s been a rocky week for the ASX 200. But why?

Read more »

Woman looking at a phone with stock market bars in the background.
Opinions

I'm buying these quality ASX shares to capitalise on the decline

These are the shares I'd buy if the markets get any worse.

Read more »