3 FTSE 100 Shares Going Ex-Dividend Next Week: The British Land Company plc, Babcock International Group PLC And Burberry Group plc

Key date approaches for The British Land Company plc (LON: BLND), Babcock International Group PLC (LON: BAB) and Burberry Group plc (LON: BRBY).

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Burberry

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 reaching their crucial dates next week. Here are three that will go ex-dividend next Wednesday, 3 July:

British Land

On 14 May, real-estate investment trust British Land Company (LSE: BLND) released full-year results and announced a final quarterly dividend of 6.6p per share — taking the total yearly payment up 1.1% to 26.4p per share. If you want it, you’ll need to hold your shares until 3 July.

On the current share price of 564p, British Land’s total dividend amounts to a yield of 4.7%, which is pretty good — although the share price has soared and plunged in line with the FTSE over the past few months.

Babcock

Next Wednesday is also ex-dividend day for a final 20p payment from Babcock International Group (LSE: BAB), which takes the annual payout from the engineering support firm to 26.3p per share. That’s up 16% from 2012, alongside a similar rise in earnings per share (EPS), and representing a yield of 2.4% on today’s 1,096p share price.

For the year to March 2014, the City is forecasting a minor dip in EPS, but we currently have a 5% rise in the annual dividend penciled in. Analysts are expecting a return to earnings growth in 2015.

Burberry

Our third ex-dividend share for today is Burberry Group (LSE: BRBY), which announced a final payment of 21p per share on 21 May. The purveyor of fashion enjoyed an 8% rise in revenue to £2bn and a 14% rise in adjusted pre-tax profit to £428m. And that, in addition to an 8% rise in operating cashflow, supported a 16% rise in the firm’s total dividend to 29p per share.

The dividend yield, at 2.2% based on the current share price of 1,325p, is relatively low, but it is rising steadily year on year.

Finally, dividends like these can add nicely to your investment returns — they can be spent or reinvested according to your needs. Whether 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 that 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.

> Alan does not own any shares mentioned in this article. The Motley Fool has recommended shares in Burberry.

Should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice.

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