These 8 ASX shares are going ex-dividend this week

Want to know which shares will be trading ex-dividend this week? Here they are.

| More on:
A man takes his dividend and leaps for joy.

Image source: Getty Images

If one of your ASX shares goes ex-dividend, it’s one of the best reasons to have the price of your shares go down. Nothing is free in this world, and so if new shareholders of a company don’t get to receive a dividend, then that reality will be reflected in the share price.

So here are some of the most prominent ASX shares that are going ex-dividend this coming week.

8 ASX dividend shares are going ex-dividend this week

HUB24 Ltd (ASX: HUB)

Wealth manager HUB24 is going ex-dividend this week, today to be precise. HUB24 is set to shell out 5.5 cents per share, fully franked, on 15 October. At the last HUB24 share price of $29.19 the company has a dividend yield of 0.34%.

L1 Long Short Fund Ltd (ASX: LSF)

This listed investment company (LIC) is one of the largest on the ASX, despite its age of approximately 3 years.

It will be paying out a 3 cents-per-share dividend, fully franked, on 1 October after it trades ex-dividend today. At the last Long Short Fund share price of $2.75, the company has a dividend yield of 1.64%.

Tassal Group Limited (ASX: TGR)

Tassal shares are going ex-dividend on Tuesday for this salmon producers’ final dividend for FY21 of 3 cents per share, fully franked. At the last Tassal share price of $3.56, the company has a dividend yield of 3.93%.

TPG Telecom Ltd (ASX: TPG)

Telecom company TPG is next up. This telco’s shares are also going ex-dividend on Tuesday.

TPG’s interim dividend will come out at 8 cents per share, fully franked, on 13 October. At the last TPG share price of $6.64, the company has a dividend yield of 2.41%.

Breville Group Ltd (ASX: BRG)

Home appliance company Breville trades ex-dividend on Tuesday for the company’s final dividend of 13.5 cents per share, fully franked, which will be paid out on 7 October. At the last Breville share price of $30.35, the company has a dividend yield of 0.87%.

News Corporation (ASX: NWS)

Rupert Murdoch’s News Corp is our last Tuesday ex-dividend share.

Shareholders can look forward to receiving their cash payment of 9.47 cents per share, unfranked, on 13 October. At News Corp’s last share price of $29.50, the company has a dividend yield of 0.77%.

Seven Group Holdings Ltd (ASX: SVW)

Recently made famous for its shenanigans with Boral Limited (ASX: BLD), Seven Group is another company trading ex-dividend this week, specifically on Thursday.

Shareholders can look forward to receiving their 23 cents-per-share dividend, fully franked, on 29 October (clearly the Seven board isn’t into superstition). At the last Seven Group share price of $20.70, the company has a dividend yield of 2.22%.

Carsales.com Ltd (ASX: CAR)

Carsales shareholders will be, er, driving away… with their fully franked 22.5 cents-per-share final FY21 dividend on 18 October after it trades ex-dividend on Friday. At the last Carsales share price of $25.25, the company has a dividend yield of 1.87%.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of August 16th 2021

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Hub24 Ltd. The Motley Fool Australia has recommended Hub24 Ltd, TPG Telecom Limited, and carsales.com Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Dividend Investing