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A number of popular ASX 200 shares are falling today despite no news coming from the companies.
As we move through the month of June, we'll see a number of ASX shares trading ex-dividend.
The ex-dividend date is when investors must have purchased a company's shares beforehand to be eligible for its upcoming dividend. If an investor buys the shares on or after this date, the dividend will go to the seller.
Below, we take a look at the list of shares that are trading ex-dividend today.
Incitec Pivot Ltd (ASX: IPL) shares are down 2.71% to $3.59 after trading ex-dividend today.
The fertiliser and commercial explosives manufacturer recorded a robust half-year result last month.
As such, the board declared a fully-franked interim dividend of 10 cents per share. This will be paid to eligible shareholders on 5 July.
Champion Iron Ltd (ASX: CIA) shares are also going ex-dividend on Monday, hovering 2.42% lower to $7.65.
The Canadian miner released its full-year results in late May, delivering solid revenue and earnings growth.
The board announced an unfranked final dividend of C$0.10 (A$0.11) per share. But you will have to wait until 28 June for your payout if eligible.
ALS Ltd (ASX: ALQ) shares are also trading without the rights to the company's partially-franked final dividend.
At the time of writing, the company's share price is $12.59, down 1.64%.
The testing services company dropped its full-year results on 25 May, with the board declaring a 17 cent per share dividend.
Shareholders will be paid this dividend on 4 July.
