Last chance to snag the next dividend from these 4 ASX 200 mining shares

Investors wanting to receive the fully franked dividend payouts from these ASX 200 mining shares will need to own the stocks by market close today.

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Four S&P/ASX 200 Index (ASX: XJO) mining shares are on the verge of trading ex-dividend.

Investors wanting to receive one or more of those payouts will need to own the stocks by market close today.

So, without further ado, here are the four ASX 200 mining shares going ex-dividend tomorrow.

Four ASX 200 mining shares trading ex-dividend on Thursday

First up we have industry giant, BHP Group Ltd (ASX: BHP).

BHP reported its half-year results on 21 February. Pressured by lower commodity prices during the first months of the reporting period, the miner saw profits from operations drop 27% year on year. That saw the interim dividend reduced by 40%.

Still, eligible investors will receive a fully franked dividend of $1.31 per share.

If you own BHP shares at market close today, you can expect that payment on 30 March.

The next ASX 200 mining share trading ex-dividend tomorrow is Rio Tinto Ltd (ASX: RIO).

Rio Tinto reported its full-year results on 22 February. Like BHP, the miner faced lower iron ore prices and rising labour and energy costs. This saw its net profit after tax (NPAT) fall 41% from the prior year to US$12.4 billion.

This was reflected in the 46% reduction in Rio Tinto's fully franked final dividend of $3.27 per share. Payment is due on 20 April.

Also trading ex-dividend tomorrow is South32 Ltd (ASX: S32).

The ASX 200 mining share reported its half-year results on 16 February. As with its competitors, lower commodity prices saw profits after tax tumble 34% year on year to US$685 million.

This also resulted in a 44% reduction in the fully franked interim dividend, to 7.1 cents per share. If you own South32 shares at the closing bell today, that payment should hit your bank account on 6 April.

And the fourth ASX 200 mining share trading ex-dividend tomorrow is Mineral Resources Ltd (ASX: MIN).

Mineral Resources reported its half-year results on 24 February. Unlike the three miners above, the company saw underlying NPAT soar 1,175% to $387 million, driven by record earnings from its lithium segment.

Mineral Resources didn't pay an interim dividend last year. But with rocketing profits this year, the board declared an interim fully franked dividend of $1.20 per share.

Eligible shareholders can expect that payment on 30 March.

Happy income investing!

Motley Fool contributor Bernd Struben 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 no position in any of the stocks mentioned. 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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