Considering buying S&P/ASX 200 Index (ASX: XJO) dividend shares this week? The dividends promised by these two companies are about to go the way of the dodo.
The ASX 200 duo are each trading ex-dividend in the coming days. That means new investors will soon miss out on their upcoming payments.
Let's take a closer look at the dividends soon to be taken off the table.
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2 ASX 200 shares trading ex-dividend this week
Those invested in Virgin Money UK CDI (ASX: VUK) shares likely had a pleasant surprise in November when the bank increased its final dividend by a whopping 580%. But investors don't have long to get a hold of the offering.
The stock will trade ex-dividend on Thursday. Meaning, Wednesday will be the last time a new investor can expect to receive the payout.
Of course, the Virgin Money share price will likely slip by around the value of its dividend later this week, as the offering will no longer be factored into the stock's value.
Virgin Money will pay out 7.5 pence per share next month. Though, the official Australian currency conversion won't be released until next week.
However, at the time of writing, 7.5 pence is equivalent to around 13 Aussie cents.
That rate would see the ASX 200 share trading with a 5.2% dividend yield, considering its current share price of $3.325.
Also wiping its dividend from the table this week is ResMed CDI (ASX: RMD). It trades ex-dividend on Wednesday.
At that point, any investors that don't hold the ASX 200 stock will miss out on its 4.4 US cent payout. That relates to its earnings over the three months ended 30 September.
The official currency conversion will be announced on Friday. Right now, 4.4 US cents is worth around 6.4 Aussie cents.
At that rate, ResMed would pay out a total of 25.54 Aussie cents over the 12 months to March 2023 – leaving it with a 0.79% dividend yield considering its current share price.
