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Vodafone Group Plc (ADR) (VOD), Booker Group Plc (BOK): Three FTSE Shares Going Ex-Dividend Next Week

LONDON — If you want to be eligible for a dividend payment, or if you’re watching for possible share-price falls, keeping up with ex-dividend dates can prove beneficial. As long as you hold the shares up to and including that day, you’ll get your money.

We have a number of companies from the FTSE 100(INDEXFTSE:UKX) and FTSE 250 (INDEXFTSE:MCX) reaching their crucial dates next week. Here are three that will go ex-dividend on Wednesday, June 12:

Vodafone Group Plc (ADR) (NASDAQ:VOD)

Vodafone Group Plc (ADR) (NASDAQ:VOD) announced a final dividend of 6.92 pence per share on results day on May 21, taking the full-year payment to 10.19 pence. That’s a rise of 7% on the previous year, and represents a yield of 5.4% on the recent share price of 190 pence. If you want the cash, be sure to hold your shares until at least June 12.
Vodafone Group Plc (ADR) (NASDAQ:VOD)

But if you want continuing dividend rises, Vodafone Group Plc (ADR) (NASDAQ:VOD) might not be the one to go for right now, as the telecom giant also revealed a change in dividend policy — it now merely “aims at least to maintain the ordinary dividend per share at current levels.” The yield is still decent, and the shares are not excessively valued on a forward P/E of 12, but it’s something to be wary of.

Booker Group Plc (LON:BOK)

Booker Group Plc (LON:BOK) shares peaked at a 12-month gain of more than 55% last week, and though the price has fallen back a little from that to around 125 pence, shareholders have still had a great year.

That was evident in the food wholesaler’s full-year results, released on May 23, which showed a 3.5% rise in sales with pre-tax profit up 13%. The result for dividend seekers was a 15% rise in the final dividend to 2.25 pence per share, lifting the year’s total by a similar 15% to 2.63 pence per share.

That’s a pretty modest yield of 2.1%, though earnings and dividends have risen steadily and there’s a yield of 2.9% being forecast for the year to March 2014. But the shares are on a forward P/E of around 23, which is perhaps a little heady.

Intermediate Capital Group plc (LON:ICP)
Shareholders of Intermediate Capital Group plc (LON:ICP) are another bunch who have had a pretty good year, seeing their shares rise in value by 80% over the past 12 months, though they did reach the doubling point last month before falling back a bit.

We have a final dividend of 13.7 pence per share to come from the equity finance firm, which released final results on May 22. Adjusted pre-tax profit fell by 25% to 148 million pounds, with adjusted earnings per share dropping 14% to 33.6 pence per share. But the final dividend made for an annual total of 20 pence per share, which was 5% up on 2012.

The article 3 FTSE Shares Going Ex-Dividend Next Week originally appeared on Fool.com is written by Alan Oscroft.

Alan Oscroft has no position in any stocks mentioned. The Motley Fool recommends Booker Group and Vodafone Group.

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