3 ASX All Ords shares trading ex-dividend this week

These ASX shares are about to pay out… but you'd better be quick

| More on:
a man with a wide, eager smile on his face holds up three fingers.

Image source: Getty Images

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

Ex-dividend dates can be some of the most important on an ASX share's calendar. An ex-dividend date is the date that an ASX dividend share cuts off investor eligibility to receive the company's next dividend payment.

Put simply, if you own a company's shares before an ex-dividend date passes, you get paid. If you buy them after the ex-div date has passed, you miss out.

It so happens that the current trading week has three of these ex-dividend dates. So let's check out which shares are about to cut off investors from their latest dividend payments.

3 ASX shares going ex-dividend this week

CVC Limited (ASX: CVC)

Investment company CVC is first up today. This company is a provider of investment products, including managed funds ad property trusts. CVC is scheduled to pay out its next dividend on 20 February next month. This interim dividend will be worth 4 cents per share and will come fully franked.

This 4 cents per share dividend is steady from the same interim payment that investors enjoyed last year. But investors will need to be quick if they are desperate to receive this dividend. That's because CVC is scheduled to trade ex-dividend for this payment tomorrow, 31 January.

So today is effectively the last day investors can buy CVC shares and get the dividend thrown in. At current pricing, CVC shares have a trailing dividend yield of 4.5%.

Euroz Hartleys Group Ltd (ASX: EZL)

ASX financial services company Euroz Hartleys is next up today. Investors are no doubt looking forward to the company's next interim dividend, which is scheduled to hit bank accounts next month on 17 February.

Shareholders can look forward to receiving a payment worth 2.5 cents per share, fully franked, which again is flat on last year's interim dividend.

Investors have a little more time to get in before this dividend shuts off to new investors, but not by much. Euroz shares will go ex-div on 1 February, this Wednesday.

So if you want to nab this dividend, there's your cutoff date. Euroz Hartleys currently has a trailing dividend yield of 10.78%.

Australian Foundation Investment Co Ltd (ASX: AFI)

Listed investment company (LIC) AFIC is our last share worth a look at today. AFIC is an ASX veteran, having been around for close to 100 years.

This well-loved income share is also coming up to a new interim dividend payment. Investors will receive the company's fully franked interim dividend of 11 cents per share on 24 February next month.

This interim dividend is a pleasing 10% hike over last year's interim dividend of 10 cents per share.

But would-be shareholders have until 2 February, the ex-dividend date, to buy shares if they want to receive it. At the last AFIC share price, this LIC had a dividend yield of 3.26%.

Motley Fool contributor Sebastian Bowen 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 no position in any of the stocks mentioned. 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

Australian notes and coins symbolising dividends.
Dividend Investing

Buy 6,316 shares of this top ASX dividend stock for $100 per month in passive income

Investors can call on this stock to pay solid dividends.

Read more »

Middle age caucasian man smiling confident drinking coffee at home.
Dividend Investing

2 of the best ASX 300 dividend stocks to buy now

Income investors may want to check out these buy-rated stocks.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
Dividend Investing

3 ASX dividend shares to buy and hold for 10 years

Analysts have buy ratings on these income options. Here's what you need to know.

Read more »

An older farmer stands arms outstretched in a field with a big smile on his face.
Dividend Investing

1 ASX dividend stock down 36% to buy right now

I think we can farm a lot of good passive income from the ASX share.

Read more »

A young boy points and smiles as he eats fried chicken.
Dividend Investing

Are these 2 ASX dividend shares standout buys for a winning portfolio?

Does the great dividend income of these stocks make them buys?

Read more »

A female broker in a red jacket whispers in the ear of a man who has a surprised look on his face as she explains which two ASX 200 shares should do well in today's volatile climate
Dividend Investing

Top brokers say these ASX dividend stocks are quality buys

Here's what brokers are saying about these buy-rated income stocks.

Read more »

Man looking amazed holding $50 Australian notes, representing ASX dividends.
Dividend Investing

4 ASX dividend shares to buy right now

Analysts are tipping these stocks as buys for income investors.

Read more »

Woman on a swing at a beach, symbolising passive income.
Dividend Investing

$15k stashed away? I could turn that into a second income worth $22 a day!

Dividends and compounding are excellent financial forces.

Read more »