Starbucks, Charles Schwab, UPS, ConocoPhillips and Southern Company Go Ex-Dividend This Week on XETR

The Quick Take

• Starbucks, Charles Schwab, WEC Energy, Wingstop, and Wynn Resorts go ex-dividend on August 14, 2026 on Frankfurt XETR
• ConocoPhillips, Southern Company, and United Parcel Service (UPS) go ex-dividend on August 17, 2026
• Frankfurt-listed investors must hold these positions before the cum-dividend date to receive the upcoming payment
• Multiple income-focused ETFs also reach ex-dividend dates this week alongside the individual equity names

A cluster of prominent US blue-chip equities listed on the Frankfurt XETR exchange reach their ex-dividend dates between August 14-17, 2026, spanning five major sectors. August 14 ex-dividend names include Starbucks Corporation, Charles Schwab Corp., WEC Energy Group, Wingstop Inc., and Wynn Resorts. August 17 names include ConocoPhillips, Southern Company, and United Parcel Service, alongside multiple ETFs including a high-yield strategy ETF. Frankfurt-listed investors must hold these positions before the respective cum-dividend dates to qualify for the upcoming cash distributions. The week's cluster covers consumer, financial services, energy, utilities, and logistics — reflecting broad US dividend activity in mid-August.

For European investors holding US equities through Frankfurt's cross-listing infrastructure, ex-dividend events involve additional complexity through withholding tax mechanics under the US-Germany tax treaty. US dividends paid to non-US investors are subject to withholding at source, reducing the effective yield European holders receive. A classic dividend-capture strategy — buying before the ex-date to collect the dividend then selling after — faces this tax friction plus the mechanical price drop that follows the ex-date as the stock adjusts for the distribution. Starbucks and Charles Schwab attract particular interest from German retail investors as consumer and financial sector proxies with consistent dividend records.

Investors tracking these positions should note the expected payment dates, typically two to four weeks after the ex-dividend date, to plan cash flow expectations. Watch Starbucks and Schwab upcoming earnings releases, as any positive guidance will interact with the post-ex-dividend price adjustment to determine near-term direction. The macro variable for German holders of US dividend stocks is EUR/USD: a stronger euro compresses the effective yield of USD-denominated dividends when repatriated, making currency-hedged versions of these US equity exposures more attractive during periods of euro appreciation against the dollar.

Synthesized from 10 sources.