Well, we're less than two weeks away from the start of December, and that means one thing for ASX investors. No, it's not Christmas. It's dividend season. Many ASX 200 shares pay out their final dividends around Christmas time, which is fortuitous for any investors who like to leave their Christmas shopping until the last minute.
Don't panic, Christmas is still more than a month away. However, we will still see a handful of prominent ASX 200 shares trade ex-dividend next week in preparation for their upcoming stocking-stuffing dividends.
Today, let's go over all five plus any associated franking credits.
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5 ASX 200 shares trading ex-dividend next week
| ASX 200 dividend share |
Dividend per share |
Ex-dividend date |
Dividend payday | Current dividend yield* |
| Graincorp Ltd (ASX: GNC) | 24 cents (fully franked) | 27 November | 12 December | 3.52% |
| ALS Ltd (ASX: ALQ) | 18.9 cents (partially franked at 30%) | 27 November | 19 December | 2.47% |
| TechnologyOne Ltd (ASX: TNE) | 17.37 cents (partially franked at 65%) | 28 November | 13 December | 0.76% |
| Aristocrat Leisure Ltd (ASX: ALL) | 42 cents | 29 November | 20 December | 0.97% |
|
Newmont Corporation (ASX: NEM) |
US 25 cents | 26 November | 23 December | 1.77% |
*at the time of writing
Christmas paycheques coming down the chimney
Let's talk about whether there's anything of note with the dividends of these five ASX 200 shares.
Firstly, it's a special occasion for TechnologyOne.
This ASX 200 tech share is set to pay its largest-ever single dividend in December. Graincorp's 24 cents per share dwarfs the 14.9 cents per share investors received this time last year and runs rings around the 5.08 cents per share interim dividend from June.
It's a similar story with gaming company Aristocrat Leisure. Aristocrat's 42 cents per share final dividend is a big improvement on the 34 cents per share final payout that investors received in 2023. It's also an improvement on the 36 cents per share interim dividend from July.
Graincorp's final dividend for 2024 is another interesting case. As is this company's habit, Graincorp's upcoming 24 cents per share payout is comprised of both an ordinary and a special dividend. The ordinary component amounts to 14 cents per share, with the remaining 10 cents designated as a special dividend.
Finally, investors in ASX 200 gold share Newmont might be used to their quarterly dividend schedule by now. The company's December payment is the fourth that investors will receive in 2024. Despite a rising gold price, Newmont's latest payout of 25 US cents (38 cents at current exchange rates) matches the last dividend that was doled out in September.
Remember, when a stock trades ex-dividend, its share price normally drops by an equivalent amount to the value of the dividend in question. So don't be surprised to see these five ASX 200 shares take a bit of a tumble when their turn rolls around next week.
