Stocks trading ex-dividend on today

Highlights:

• The ex-dividend date is an important concept for investors who are interested in dividend-paying stocks.
• Investors who are interested in receiving the upcoming dividends must buy the stock before the ex-dividend date.
• On 15 March 2023, Breville Group Limited, Inghams Group Limited, and TPG Telecom Limited will be trading ex-dividend.

Ex-dividend date is an important concept for investors who are interested in dividend-paying stocks. This is the date on which a stock begins trading without the dividend that has been declared, meaning that the buyers of the stock on or after this date are not entitled to receive the upcoming dividend. For investors who are interested in receiving the upcoming dividend, they must buy the stock before the ex-dividend date.

On 15 March 2023, three stocks will be trading ex-dividend - Breville Group Limited, Inghams Group Limited, and TPG Telecom Limited.

Breville Group Limited (ASX: BRG)

Breville Group Limited (ASX: BRG) is an Australian-based manufacturer of small electrical appliances. The company has a market capitalisation of around AU$2.73 billion and has been paying dividends regularly for the past few years. On 15 March 2023, Breville Group will pay an interim dividend of AU$0.15 per share. The company's dividend yield is around 1.55%. Breville Group has been performing well, with its revenue and net profit increasing over the past few years.

1H FY2023 Highlights:

• Revenue increased by 1.1% to AU$888.0 million.
• Gross Profit for the period was AU$311.3 million, up 3.8% compared to the previous corresponding period.
• NPAT increased by 1.3% to AU$78.7 million.

Inghams Group Limited (ASX: ING)

Inghams Group Limited (ASX: ING) is a leading producer of chicken and turkey products in Australia and New Zealand. The company has a market capitalization of around AU$1.14 billion and has been paying dividends since 2016. On 15 March 2023, Inghams Group will pay an interim dividend of AU$0.045 per share. The company's dividend yield is around 2.26%. Inghams Group has been performing well, with its revenue and net profit increasing over the past few years.

1H FY2023 Highlights:

• Revenue from ordinary activities grew 8.9% to AU$1,511.200 million.
• NPAT declined 55.2% to AU$17.2 million.
• Underlying NPAT pre AASB 16 was of AU$33.7 million, down 29.9% on pcp.

TPG Telecom Limited (ASX: TPG)

TPG Telecom Limited (ASX: TPG) is an Australian-based telecommunications company that provides internet and mobile phone services. The company has a market capitalization of around AU$9.48  billion and has been paying dividends regularly for the past few years. On 15 March 2023, TPG Telecom will pay an interim dividend of AU$0.09 per share. The company's dividend yield is around 3.56%. TPG Telecom has been performing well, with its revenue and net profit increasing over the past few years.

FY2022 Highlights:

• TPG Telecom reported service revenue was of AU$4,439 million, up 1.5% on pcp.
• EBITDA increased by 23.6% to AU$2,135 million.
• NPAT was  AU$222 million before tower assets gain and customer base amortisation.

In conclusion, the ex-dividend date is an important concept for investors who are interested in dividend-paying stocks. On 15 March 2023, Breville Group Limited, Inghams Group Limited, and TPG Telecom Limited will be trading ex-dividend. These companies have been performing well and have a history of paying dividends regularly, making them attractive options for investors looking to invest in dividend-paying stocks.

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