ASX earnings season may be over, but dividend season continues to roll on on the share market. Next week, the flurry of ASX shares that are cutting off investors from their latest dividend payments continues, with no less than five ASX 200 shares scheduled to trade ex-dividend.
When a share declares a dividend, it must also nominate an ex-dividend date. This is the day that any new investors in the shares lose their eligibility for an upcoming dividend payment. So if you want to receive a dividend from any of the shares that are trading ex-dividend next week, you'll need to own the shares before the nominated day.
Let's check them out today, as many investors might want to get in at the last minute for an upcoming dividend.
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5 ASX 200 shares trading ex-dividend next week
NRW Holdings Ltd (ASX: NWH)
ASX 200 contracting share NRW Holdings is first up. Investors weren't too fond of this company's earnings last month. But income investors wouldn't be disappointed with NRW's latest dividend. The company will fork out a final and fully-franked dividend of 8 cents per share on 11 October next month.
But only shareholders who own NRW shares before the ex-dividend date of Thursday, 21 September, will be eligible for this payment. So expect a share price drop on Thursday next week when this rolls around.
Today, NRW shares have a dividend yield of 6.47%.
Qube Holdings Ltd (ASX: QUB)
ASX 200 supply chain company Qube is next up. Last month, Qube announced a fully franked final dividend of 4.35 cents per share for 2023. That's a hefty rise over last year's final dividend of 3.3 cents per share, as well as the interim dividend of 3.75 cents per share that we saw earlier this year.
Investors will have to be extra hasty if they want to bag this dividend though, seeing as its ex-dividend date is set for next Monday (18 September). That means today is the last day you can buy Qube shares with the dividend attached.
Right now, Qube shares have a dividend yield of 2.69%.
Credit Corp Group Limited (ASX: CCP)
Time now to discuss ASX 200 credit and debt collecting company Credit Corp. Credit Corp had a bit of a disappointing earning season, with the company reporting big slides in revenues and profits for FY23. Credit Corp did declare a large final and fully-franked dividend of 47 cents per share, which was a big hike over last year's 36 cents.
However, combined with Credit Corp's tiny interim dividend of 23 cents (down from 38 cents last year), investors are facing a 5% cut in yearly income from this ASX 200 share.
This latest dividend is scheduled for payment later this month on 29 September. But this is another stock you'll have to be quick for since its ex-dividend date is also slated for Monday, 18 September.
Credit Corp shares offer a dividend yield of 3.24% today.
Flight Centre Travel Group Ltd (ASX: FLT)
ASX 200 travel share Flight Centre is also worth discussing. It was a big earning season for Flight Centre shares, as the company revealed its first post-COVID dividend payment. Yep, it's been four years since Flight Centre investors got some passive income from their shares.
Shareholders can now look forward to seeing a fully franked 18 cents per share arrive in their bank accounts next month, on 19 October. However, the ex-dividend date is set for 20 September, which is next Wednesday.
This gives Flight Centre shares a forward dividend yield of 0.9%.
Cochlear Limited (ASX: COH)
Finally, we have ASX 200 healthcare giant and hearing aid share Cochlear to dissect. Cochlear shares soared last month when the company dropped its FY23 earnings. And it's not hard to see why.
In addition to a 19% rise in revenues and a 10% jump in underlying profits, Cochlear revealed a 21% increase in its final dividend for the year. The company will be forking out $1.75 per share, partially franked at 70%, on 11 October next month.
This is another ASX 200 stock that will trade ex-dividend on Monday, 18 September though, so you'll need to be quick here.
At present, Cochlear shares offer a dividend yield of 1.26%.
