5 ASX All Ords shares trading ex-dividend on Thursday

Plus, these ASX shares have sizeable trailing dividend yields.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

In the wake of ASX reporting season, we've seen droves of companies in the S&P/ASX All Ordinaries Index (ASX: XAO) turn ex-dividend in recent weeks.

When a company's shares turn ex-dividend, they no longer trade with the recent dividend payment attached to it.

The highest-profile ASX All Ords share turning ex-dividend tomorrow is Woodside Energy Group Ltd (ASX: WDS). You'll find everything you need to know about the latest Woodside dividend in our recent coverage here.

But there are some other ASX All Ords shares with notable dividend yields that are also going ex-dividend tomorrow. Let's check them out.

A girl looks through a microscope at money.

Image source: Getty Images

Perpetual Limited (ASX: PPT)

ASX financials share Perpetual recently announced a fully franked final dividend of 97 cents, which will be paid on 30 September. A dividend reinvestment plan (DRP) is also available.

Perpetual delivered 20% revenue growth in FY22, benefitting from both organic and acquisitive growth. Underlying net profit after tax (NPAT) grew by a similar amount, helping Perpetual to lift its full-year dividends by 16% over the prior year.

This puts Perpetual shares on a sizeable trailing dividend yield of 7.9%, which grosses up to 11.3%, including franking credits.

In other news, after months of negotiations, the company looks set to acquire rival fund manager Pendal Group Ltd (ASX: PDL). Pendal's board is unanimously supporting Perpetual's $2.5 billion takeover bid.

Smartgroup Corporation Ltd (ASX: SIQ)

Today will be the final day for investors to bag Smartgroup's fully franked interim dividend of 17 cents. The company has pencilled in the payment date for 23 September.

This interim dividend is 3% lower than the interim dividend declared in 2021.

In the first half of FY22, Smartgroup's revenue climbed by 4%, while adjusted NPAT swung the other way, dropping by 4%.

Smartgroup shares are currently flashing a trailing 12-month dividend yield of 11.1%. However, the company's final dividend earlier in the year included a special dividend of 30 cents.

But even excluding this special dividend, Smartgroup shares are still sporting a notable trailing dividend yield of 6.1%. With the benefit of franking credits, this grosses up to 8.7%.

Peter Warren Automotive Holdings Ltd (ASX: PWR)

Peter Warren shares will be trading tomorrow without a fully franked final dividend of 13 cents, which will be paid on 7 October.

The ASX car dealership group delivered 6% revenue growth and 37% underlying NPAT growth in FY22. This growth was primarily driven by the acquisition of Penfold Motor Group, which was completed in December 2021.

After listing last year, Peter Warren declared maiden dividends in FY22, with the total coming in at 22 cents. This represents a dividend payout ratio of 67% of NPAT.

Peter Warren shares are currently trading on a trailing dividend yield of 8.1% or 11.6% grossed up. 

Resimac Group Ltd (ASX: RMC)

Shares in mortgage business Resimac will be trading tomorrow without a fully franked final dividend of 4 cents. The company has set the payment date for 23 September.

The mortgage lending business posted double-digit growth in home loan assets under management in FY22. But NPAT growth couldn't follow suit, dropping 5% on the prior year.

Nonetheless, the ASX All Ords share lifted its full-year dividends by 25% after bumping up its dividend payout ratio from 24% of NPAT in FY21 to 32% in FY22. 

Resimac shares are printing a trailing dividend yield of 6.7%. Throwing in franking credits, this yield cranks up to 9.6%. 

Monash IVF Group Ltd (ASX: MVF)

Finally, Monash IVF is another ASX All Ords share turning ex-dividend tomorrow. Shares will be trading without a fully franked final dividend of 2.2 cents, which will be paid on 7 October.

Monash IVF delivered 5% revenue growth in FY22, driven by price increases in the domestic assisted reproductive services (ARS) segment. 

Despite underlying NPAT slightly retreating in FY22, the company still raised its total dividends by 5% to 4.4 cents.

This puts Monash IVF shares on a trailing dividend yield of 4.4%, which grosses up to 6.3%.

Motley Fool contributor Cathryn Goh has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended SMARTGROUP DEF SET. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

View of a business man's hand passing a $100 note to another with a bank in the background.
Dividend Investing

1 ASX dividend stock down 35% I'd buy right now

Here’s why I think this business is a top buy right now.

Read more »

Numerous Australian dollar notes laid out.
Dividend Investing

3 ASX dividend shares perfect for passive income

Here are three shares that I think could be top additions to an income portfolio.

Read more »

Woman with $50 notes in her hand thinking, symbolising dividends.
Dividend Investing

Looking to bank the upcoming CSL dividend? You better hurry!

Not only have CSL shares surged 91% since June, but the final dividend payout is still up for grabs. Though…

Read more »

Numerous Australian dollar notes laid out.
Resources Shares

9 ASX mining shares going ex-dividend this week

ASX mining shares have long delivered some of the most generous dividend payout ratios of all.

Read more »

Shot of a young businesswoman looking stressed out while working in an office.
Dividend Investing

3 ASX shares that cut their dividend this reporting season

Three payouts trimmed, three very different reasons.

Read more »

Happy young couple doing road trip in tropical city.
ASX Share Market News

Looking for income for life? These are the ASX shares I'd consider

The trick is to find quality businesses that can keep dividends growing for years.

Read more »

Person holding Australian dollar notes, symbolising dividends.
Dividend Investing

How these savvy passive income investors are earning a stellar 18% dividend yield from this ASX All Ords stock

There are a few important rules to remember to maximise the passive income potential from your ASX dividend shares investments.

Read more »

Elderly couple cosily walking together outside.
Dividend Investing

3 top ASX dividend shares to buy in September

Big yields are expected from these shares in the near term.

Read more »