The ASX All Ords earnings season is in full swing, with three of the companies that reported their results earliest in the season now approaching their ex-dividend dates.
Let's take a look.
The ASX All Ords shares going ex-dividend this week
Rio Tinto Ltd (ASX: RIO)
The Rio Tinto share price opened on Tuesday at $114.10, up 0.14% on yesterday's close.
The ASX All Ords mining giant's ex-dividend date is 10 August (this Thursday).
Rio Tinto will pay a fully franked interim dividend of US$1.77 (A$2.62) per share for 1H FY23 on 21 September.
In its half-year results, Rio Tinto reported a 10% drop in revenue to US$26.67 billion and a 25% fall in underlying earnings before interest, taxes, depreciation, and amortisation (EBITDA) to US$11.73 billion.
Janus Henderson Group CDI (ASX: JHG)
The Janus Henderson share price opened at $41.70 this morning, up 0.4% on yesterday's close.
The investment management services company's ex-dividend date is 11 August (this Friday).
The ASX All Ords share will pay 39 US cents (59 AU cents) per share unfranked for Q2 FY23 on 30 August.
In its quarterly update, Janus Henderson reported operating income of US$117.9 million, down 18% on Q2 FY22.
SSR Mining Inc CDI (ASX: SSR)
SSR Mining shares opened on Tuesday at $22, down 0.23% on yesterday's close.
The ASX All Ords gold miner has an ex-dividend date of 11 August (this Friday).
SSR Mining will pay 7 US cents (11 AU cents) unfranked for Q2 FY23 on 12 September.
In its Q2 FY23 update, SSR Mining reported net income of $74.9 million, up 28% on Q2 FY22.
What does the ex-dividend date mean?
This is the first day an ASX All Ords share trades without its upcoming dividend payment attached.
If you sell a share on or after the ex-dividend date, you will still receive the dividend and franking credits.
Between the declaration date and the ex-dividend date, an ASX All Ords share is said to be trading 'cum dividend' (CD).
On the ex-dividend date, the share converts to trading ex-dividend (XD).