Here are 3 ASX financial shares going ex-dividend this week

Let's check out some funds going ex-div this week.

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It's been a big week for some of the ASX's dividend investors. I'm not talking about the S&P/ASX 200 Index (ASX: XJO)'s painful 1.1% drop so far today. But rather, how many ASX shares are going ex-dividend this week.

We've already discussed Transurban Group (ASX: TCL)'s upcoming dividend, as well as Rural Funds Group (ASX: RFF)'s ex-dividend gyrations this Wednesday. But here are three more ASX 200 shares that are going ex-div this week.

3 ASX 200 shares trading ex-dividend this week

Magellan Global Fund (ASX: MGF)

Magellan Global Fund is the flagship investment fund of Magellan Financial Group Ltd (ASX: MFG). It aims to achieve a net return of 9% per annum by investing in "20 to 40 of the world's best global stocks". Magellan Global Fund pays out a dividend distribution twice a year.

Its latest payment will be worth 3.66 cents per share, unfranked, and will be doled out on 21 July. The fund will trade ex-dividend for this payment on Friday, 1 July. So don't be surprised if we see a drop in the Magellan Global Fund's share price at week's end. At current pricing, Magellan Global units have a dividend yield of 5.55%

Regal Investment Fund (ASX: RF1)

Another ASX investment fund in Regal Investment Fund is next up. Regal focuses on alternative investments with little correlation to the broader markets. It uses techniques such as short selling and hedge fund investing to achieve outperformance. Regal also pays a dividend twice annually.

Its latest payment will be the final and unfranked dividend of 24.5 cents per share that investors will receive on 22 August. Regal shares will trade ex-dividend for this payment tomorrow (30 June). That will give Regal Investment Fund units a yield of 10.61% on current prices.

Liberty Financial Group Ltd (ASX: LFG)

Liberty Financial Group is our final share to check out. This ASX financial share is a provider of home loans, business loans and other financial products. Liberty Financial shares have gone ex-dividend today for the company's upcoming final dividend payment.

This will be worth 28 cents per share, unfranked, and will be paid out on 31 August. As one would expect with an ex-dividend date, Liberty shares have dropped by a hefty 6.51% today to $4.02 a share at the time of writing. This gives Liberty Finacial shares a dividend yield of 12.19% right now.

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. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended RURALFUNDS STAPLED. 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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