The ex-dividend date is an important point in time for an ASX 200 share, as the market reassesses the share price.
Buyers of a share on its ex-dividend date will not receive the company's next dividend payment. Because of this, investors usually prescribe a lower share price to the ASX share to reflect the absence of the dividend. Depending on the size of the payout, there can be drastic changes in what the market is willing to pay for shares.
Keeping that in mind, here are five S&P/ASX 200 Index (ASX: XJO) shares that have closed the curtains on their dividend payment today.
ASX 200 shares calling time for their next divvy
Fortescue Metals Group Limited (ASX: FMG)
Iron ore mining giant Fortescue Metals is getting plenty of unwanted attention on Monday as it goes ex-dividend. The mining company is set to pay a fully franked interim dividend of 86 cents per share on 30 March. The Fortescue share price has reacted to trading ex-dividend with a 5% fall this morning, before recovering somewhat. At the latest Fortescue share price of $18.14, the company is offering a dividend yield of 16.4%.
Worley Ltd (ASX: WOR)
Landing next on our list of ASX 200 shares going ex-dividend today is engineering services company Worley. Keeping pace with its recent trend dividend payments of 25 cents per share, Worley will be paying another 25 cents payment on 30 March. At the latest Worley share price of $11.86, the company is trading on a dividend yield of 4.2%.
Steadfast Group Ltd (ASX: SDF)
Steadfast is an ASX 200 share that won over investors last week after announcing record results in the FY22 first half. Exciting passive income seekers, the broker network operator increased its interim dividend to a record 5.2 cents per share. For reference, this represents an ~18% rise from the previous payment. At the latest Steadfast share price of $4.62, the has a dividend yield of 2.6%.
Aurizon Holdings Ltd (ASX: AZJ)
The share price of Australia's largest rail freight operator is running off the tracks on Monday as this ASX 200 share goes ex-dividend. Investors who snagged Aurizon shares prior to today can expect to receive 10.5 cents per share on 30 March. This is down 27% from the company's previous interim dividend of 14.4 cents. At the latest Aurizon share price of $3.51, the company is offering a hefty dividend yield of 7.1%.
Evolution Mining Ltd (ASX: EVN)
Finally, Evolution Mining is the one ASX 200 shares on this list that has avoided the red on its ex-dividend date. Shares in the gold mining company are currently up 1.4% from their previous close. Shareholders can expect a dividend on 25 March of 3 cents per share. At the latest Evolution Mining share price of $4.25, the miner is reflecting a dividend yield of 2.9%.
