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Vodafone and Sainsbury's shares drop as they trade ex-dividend, impacting FTSE 100 index.

Market News
04 Jun 2026
Proactive Investors
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Bearish
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Vodafone and Sainsbury's led the FTSE 100 fallers after their shares went ex-dividend, meaning new buyers are no longer entitled to upcoming payouts. Vodafone's dividend of €0.023625 per share caused a 1.79-point drag on the index, while Sainsbury's 9.6p dividend contributed a 0.83-point adjustment. Other companies like LondonMetric Property, Sage Group, and Marks and Spencer also went ex-dividend, collectively reducing the index by 3.49 points. This price adjustment is typical when stocks trade ex-dividend and can influence the index's opening performance.

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