Here are 2 ASX All Ords shares going ex-dividend next week

These shares will soon trade ex-dividend.

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As we head into the last couple of months of the year, the ASX dividends declared throughout reporting season are drying up.

But there are still some stragglers in the All Ordinaries Index (ASX: XAO) with recently declared dividends on the table.

Though these dividends won't be around for much longer. Let's take a look at two ASX All Ords shares going ex-dividend next week.

Autosports Group Ltd (ASX: ASG)

The first cab off the rank is Autosports Group, which will be turning ex-dividend on Monday. This means that today will be the last day to lock in the company's recently-declared final dividend of 9 cents per share, fully franked.

Investors on the company's share register by the closing bell today can pencil in a payment date of 15 November.

Weighing in with a market capitalisation of around $410 million, Autosports operates one of Australia's largest networks of luxury and prestige car dealerships. It represents 20 luxury and prestige brands, including the likes of Rolls-Royce, Lamborghini, Maserati, and McLaren.

Autosports delivered record profits in FY22 as normalised net profit before tax came in 23% higher than the prior year at $93 million.

New vehicle orders exceeded deliveries by 25% as demand exceeded supply. Stemming from COVID, vehicle supply has been impacted by a shortage in semiconductors and wiring looms along with transport delays.  

But demand remains elevated, with customer new vehicle orders up 66% since the end of 2021. The company noted that orders were heavily skewed to high-value new vehicles.

Across the financial year, Autosports declared total dividends of 16 cents per share, fully franked, up 76% from total dividends of 9 cents in FY21. 

The ASX All Ords share noted the increase in dividends reflected its strong financial position and the board's confidence in Autosports' cash flow generation and continued margin accretion.

Based on current prices, Autosports shares are turning heads with a trailing dividend yield of 7.8%. Adding in franking credits revs this yield even higher to 11.1%.

Brickworks Limited (ASX: BKW)

Hot on Autosports' heels is fellow ASX All Ords share Brickworks, which will be going ex-dividend the following day on Tuesday.

As of Tuesday, Brickworks shares will no longer be trading with rights to the company's latest final dividend of 41 cents per share, fully franked.

Brickworks doesn't have a dividend reinvestment plan (DRP). So, eligible shareholders will have no choice but to receive this payment in cash on 23 November.

Brickworks handed in its FY22 results last month, revealing a 28% uplift in revenue which came in at $1.1 billion.

But the bottom line is where the company truly shined. It delivered underlying net profit after tax (NPAT) of $746 million, up a whopping 159% from the prior year.

The earnings contribution from the company's property division was a standout. In particular, its portfolio of industrial property in Sydney and Brisbane experienced a strong uplift in valuation on the back of growing demand for logistics and warehousing space.

Despite the surge in profits, Brickworks raised its annual dividends by just 3% to 63 cents per share. 

This is because these profits were primarily driven by valuation uplifts, which are simply on paper rather than cash. In fact, Brickworks' operating cashflows went backwards in FY22, slumping 7% to $130 million.

Nonetheless, Brickworks maintains an impeccable dividend record. The ASX 200 share has maintained or increased its annual dividends for 46 years.

At current levels, Brickworks shares are printing a trailing dividend yield of 2.9%. Including franking credits, this yield grosses up to 4.1%.

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 positions in and has recommended Brickworks. The Motley Fool Australia has positions in and has recommended Brickworks. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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