3 ASX 200 shares trading ex-dividend today

These shares are underperforming today. Here's why.

The S&P/ASX 200 Index (ASX: XJO) is having a rough start to the week, sliding 0.76%, but these three ASX shares are still struggling to keep up with the market.

They've got a reasonable excuse for their underperformance right now, however. They're all trading ex-dividend today.

That means, from now on, anyone snapping up the stocks won't be eligible to receive their upcoming dividends.

Let's take a closer look at three ASX 200 shares passing the unfortunate milestone on Monday.

three children in fashionable clothes sit in a row together with sad looks on their faces as though they hae been told not to do something or been curtailed from playing.

Image source: Getty Images

3 ASX 200 shares trading ex-dividend today

Vicinity Centres (ASX: VCX)

Shares in ASX 200 real estate investment trust (REIT) Vicinity Centres are trading ex-dividend today. The stock has slipped 1.54% to trade at $1.92 at the time of writing.

The company announced a 5.7 cent, unfranked final dividend last week, representing a portion of its $.2 billion full-year after-tax profit.

From today, those buying into the REIT's shares won't get their hands on the payout. It will start to hit investors' accounts on 12 September.

Magellan Financial Group Ltd (ASX: MFG)

ASX 200 funds management business Magellan is also in the red today. Its share price is down 10.77%, trading at $12.88, likely at least partially due to its ex-dividend date.

The company declared a 68.9 cent, 80% franked dividend within its financial year 2022 earnings, released last week. That left its stock trading with a whopping 12.4% dividend yield as of yesterday's close.

Those that were invested in the stock on Friday will receive the payout early next month.

Aurizon Holdings Ltd (ASX: AZJ)

The final ASX 200 share trading ex-dividend today is Aurizon. The rail freight operator's share price is currently falling 4.18% to trade at $3.785.

The company revealed a 10.9 cent, fully franked final dividend on 8 August, representing a 24% cut on its previous final payout.

That dividend will be paid out on 21 September to those on the company's registry as of Friday's close.

Motley Fool contributor Brooke Cooper 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 recommended Aurizon Holdings Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

Happy young woman saving money in a piggy bank.
Dividend Investing

Where to invest $20,000 in ASX dividend shares for passive income

These three businesses would be high on my list if I wanted to increase my portfolio income.

Read more »

Man holding out $50 and $100 notes in his hands, symbolising ex dividend.
Dividend Investing

I'd buy 37,648 shares of this ASX stock to aim for $800 a month of passive income

Regular dividend income from this ASX stock could be exactly what investors are looking for…

Read more »

Middle-aged woman working on a laptop.
Dividend Investing

BHP vs Coles: Which ASX share is better for passive income?

BHP vs Coles: Which is the top ASX dividend share for passive income? Here’s how the two stack up on…

Read more »

Man holding fifty Australian Dollar banknotes in his hands, symbolising dividends.
Dividend Investing

Why I own this ASX share with a dividend yield of 11.5%

This investment offers a lot more than just a big dividend yield.

Read more »

A panel of four judges hold up cards all showing the perfect score of ten out of ten
Dividend Investing

Is this the ASX's perfect dividend stock?

This stock offers what no others can...

Read more »

Woman looking at a laptop and thinking.
Dividend Investing

Santos vs Viva Energy: Which ASX energy stock gets my vote today?

I compare Santos and Viva Energy shares across value, dividends, and growth to reveal which ASX energy stock I’d buy…

Read more »

Person with a handful of Australian dollar notes, symbolising dividends.
Dividend Investing

If I buy $6,000 of Fortescue shares, how much dividend income will I receive?

Let’s dig into the dividend potential of this mining giant.

Read more »

Yield written on wooden blocks with a hand putting coins on top, with a plant and pen on the table.
Dividend Investing

2 ASX shares with dividend yields above 8%

These stocks have enormous dividend yields.

Read more »