3 FTSE 100 Shares Going Ex-Dividend Next Week

LONDON -- Whether you want to buy in time to be eligible for a company's dividend payment or you're looking to buy on a share price drop when the time has passed, it pays to know when your target companies are due to go ex-dividend.

Here are three FTSE 100 companies going ex-dividend in the week commencing March 25.

British Sky Broadcasting (LSE: BSY  )
Wednesday will be ex-dividend date for British Sky Broadcasting Group, with an interim dividend of 11 pence per share payable on April 23. The payout, announced with halftime results on Jan. 31, represents a 20% rise on the previous year.

The firm's dividend payouts have been rising steadily for the past five years, with analysts forecasting a further 19% rise for the full year to June 2013. The expected level of about 28 pence per share represents a yield of 3.1% on the current share price of 894 pence.

Prudential (LSE: PRU  ) (NYSE: PRU  )
With some insurers slashing their dividends of late, Prudential shareholders were reassured with a 15.9% rise in the firm's annual payout for 2012 to 29.19 pence per share, announced with full-year results on March 13. On the closing price the previous day of 1,029 pence, that represented a yield of 2.8%, although the shares have spiked since then before settling back to today's level of 1,114 pence.

Prudential's dividend yields are lower than some of its competitors', but the annual payout has been pretty dependable, and further growth is forecast for the next two years. The ex-dividend date for the final payment of 20.79 pence is March 27.

Schroders (LSE: SDR  )
Again on Wednesday, Schroders will go ex-dividend with respect to its final payment of 30 pence. The total dividend for the year ending December 2012 amounts to 43 pence per share for a yield of 2.1% at the time of the announcement on April 7 -- the shares have subsequently risen from 2,036 pence to 2,147 pence.

Although Schroders' earnings per share have been erratic over the past few years, the investment manager has kept its well-covered dividends steady and rising, with more of the same forecast for this year and next.

Dividends like these can add nicely to your investment returns -- they can be spent or reinvested, according to your needs. Whether you're investing for income or growth, good old cash is always welcome. And that's why I recommend the brand-new Fool report "The Motley Fool's Top Income Share For 2013," in which our top analysts identify a share they believe will provide handsome dividend income for years to come. But it will only be available for a limited period, so click here to get your copy today.


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  • Report this Comment On March 21, 2013, at 8:34 AM, Dadidiot wrote:

    Alan's commentary is about the British insurer, Prudential PLC (PRU.L), but the stock-market symbol used in this article is for the U.S. insurer, Prudential Financial (PRU, NYSE). There is NO connection between the two. Very confusing.

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