Why is the CSL share price falling today?
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The CSL Ltd (ASX: CSL) share price is down 1.6% to $210.04, while the S&P/ASX 200 Index (ASX: XJO) is down 0.4% to 8,814.5 points at the time of writing.
So, what’s going on with the market’s largest healthcare share on Tuesday?
Why is the CSL share price in the red?
There is no price-sensitive news out of CSL this morning, so it’s safe to say the stock is falling simply because it’s gone ex-dividend.
It’s normal for an ASX share to fall on its ex-dividend date because it’s no longer trading with the next dividend entitlement attached.
With the official earnings season now over, CSL is one of more than 35 ASX shares going ex-dividend this week.
Here’s what CSL will pay.
What is the CSL dividend?
CSL…