These 4 ASX financial stocks are ex-dividend today


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It’s a big day for ex-dividend dates today and these are the financial stocks to watch.

What is an ex-dividend date?

Ex-dividend dates represent the day an investor must own a company’s stock in order to receive its dividend. If someone buys shares of these companies today, their next dividends will go to the seller of the shares.

As a result, companies’ stock prices tend to fall on the ex-dividend date because a portion of their stock’s value cannot be traded.

So, without further ado, here are 4 ex-dividend financial stocks today.

4 ex-dividend financial shares today

Global Value Fund Ltd (ASX: GVF)

The Global Value Fund share price drops 0.17% to $ 1.19 today as the fund’s share is ex-dividend.

Investors who held shares of the Global Value Fund until yesterday will see a fully franked dividend of 3.3 cents paid into their account on November 8.

The dividend was announced after the company achieved $ 56.9 million in revenue and $ 32.4 million in net after-tax profits for fiscal 2021.

Metrics Income Opportunities Trust (ASX: CT)

Metrics Income Opportunities Trust also became ex-dividend today.

It will pay a dividend of 0.93 cents on October 8.

The trust’s share price hovered in the green today. At the time of writing, it is $ 2.07, 0.45% higher than its previous close.

Master Income Trust (ASX: MXT)

Metrics Master Income Trust’s share price fell 0.17% today. It is currently $ 2.06.

The company will pay its shareholders 0.6 cents for each trust share they hold starting October 8.

Partners Group Global Income Fund (ASX: PGG)

Finally, the Partners Group Global Income Fund share price is down today, the fund being ex-dividend.

The fund will pay a dividend of 0.7 cents to its shareholders as of October 18.

The Partners Group Global Income Fund’s share price is currently trading at $ 1.89, 0.43% lower than its previous close.

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