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%.