Whilst ASX earnings season is mostly over, dividend season is rolling on with a vengeance. We've already seen the dividends that were announced over July and August start to roll in, or at least pass their ex-dividend dates.
Next week, another round of ASX 200 shares will trade 'ex-div' for their latest payouts. No fewer than nine, to be exact.
Many of the ASX 200's largest names have already traded ex-dividend for their latest shareholder payouts. Those include Commonwealth Bank of Australia (ASX: CBA), JB Hi-Fi Ltd (ASX: JBH), Telstra Group Ltd (ASX: TLS), AGL Energy Ltd (ASX: AGL), and Ampol Ltd (ASX: ALD).
Most of these stocks will dish out the cash (and franking credits in most cases) later this month.
Nine more shares will join that ex-dividend tally next week. They aren't the most well-known ASX dividend shares, but these nine are prominent ASX 200 stocks nonetheless.
Nine ASX 200 shares trading ex-dividend next week
Here they are:
| ASX 200 share | Dividend per share |
Ex-dividend date |
Dividend payday |
Current dividend yield* |
| Chorus Ltd (ASX: CNU) | 22.2 cents | 16 September | 8 October | 4.58% |
| Credit Corp Group Ltd (ASX: CCP) | 23 cents (fully franked) | 16 September | 27 September | 2.49% |
| QUBE Holdings Ltd (ASX: QUB) | 5.22 cents (fully franked) | 16 September | 15 October | 2.36% |
| Cochlear Ltd (ASX: COH) | $2.10 (80% franked) | 17 September | 10 October | 1.41% |
| Flight Centre Travel Group Ltd (ASX: FLT) | 30 cents (fully franked) | 18 September | 17 October | 1.95% |
| Auckland International Airport Ltd (ASX: AIA) | 5.9 cents | 18 September | 4 October | 0.28% |
| South32 Ltd (ASX: S32) |
4.6 cents (fully franked) | 19 September | 17 October | 1.62% |
| NRW Holdings Ltd (ASX: NWH) |
9 cents (fully franked) | 19 September | 9 October | 4.51% |
| Inghams Group Ltd (ASX: ING) |
8 cents (fully franked) | 19 September | 9 October | 6.77% |
*Dividend yield at the time of writing
Foolish takeaway
So, it will be a fairly light week next week in terms of the biggest blue chips on the ASX 200 Index. Even so, stocks like Auckland International Airport, Inghams, Qube, South32 and Cochlear are still widely held amongst the ASX retail investor community, so there will be more than a few eyes on these companies' share prices next week on ex-dividend day.
Remember, when a company trades ex-dividend, it draws a line under which investors can receive the dividend in question and which miss out.
Put simply, only the investors who have a company's shares against their name at the close of trading on the day prior to the ex-dividend date are eligible to receive the dividend. If someone sells the shares before that date or buys them on or after the shares trade ex-dividend, they will miss out on the payment. As such, we normally see a share price drop when a share does go ex-dividend.
Keep an eye out for those moves next week.
