Time is running out to secure dividends from these 3 ASX 200 shares

The clock is ticking to sign up for these dividends.

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Investors have been paying attention to dividend-paying shares inside the S&P/ASX 200 Index (ASX: XJO) recently as growth shares fall out of favour.

Many dividend shares pay superior returns compared to a savings account. Even if interest rates rise further — as the Reserve Bank of Australia suggests — these passive income generators may still provide a better yield.

However, when it comes to dividend shares, there's an important date known as the ex-dividend date. If you want to receive a company's next payout, this is the date you need to own the shares before.

With that in mind, here are three ASX 200 dividend shares with ex-dates just around the corner.

A businesswoman on the phone is shocked as she looks at her watch, she's running out of time.

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Doors are closing on these ASX 200 dividend shares

Pendal Group Ltd (ASX: PDL)

The first company with an upcoming dividend on our list also boasts the largest dividend yield. ASX-listed fund manager Pendal Group is slated to go ex-dividend on Thursday next week. That's after announcing its interim dividend with the company's solid results yesterday.

If you're a shareholder — or become one before Thursday — the next inbound dividend payment is 21 cents per share. Hence, Pendal's 12-month trailing dividend yield sits at roughly 8.7%.

Westpac Banking Corp (ASX: WBC)

Another share in the ASX 200 going ex-dividend on Thursday next week is one of Australia's major banks. The best performing of the big four banks since the beginning of the year is getting set to pay up after impressing shareholders with its recent half-year results.

To the delight of shareholders, the third-largest of the big four will be providing 61 cents per share fully franked to its investors on 24 June. However, those who want a slice of the action will need to be on the register before Thursday.

Macquarie Group Ltd (ASX: MQG)

The third and final ASX 200 dividend share on our list is Macquarie Group. While 2022 hasn't quite been the year that investors might have hoped for in terms of the Macquarie share price, they can still expect a reasonable dividend to come their way.

Unlike the previous two, Macquarie's dividend comes with an ex-dividend date of 16 May. That means if you want to enjoy the fruits of the investment bank's labour, you will need to buy shares this week. Those eligible for the payment will receive $3.50 per share, with $1.40 of that amount franked.

Motley Fool contributor Mitchell Lawler has positions in Macquarie Group Limited. 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 Macquarie Group Limited and Westpac Banking Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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