Next week a number of ASX All Ords shares are scheduled to trade ex-dividend.
When a share goes ex-dividend, it means that the rights to an upcoming dividend payment have been settled.
As a result, anyone that buys a share from that day onwards will not receive the dividend, which will stay with the seller instead.
Three ASX All Ords shares that are going ex-dividend next week are as follows:
Collins Foods Ltd (ASX: CKF)
This KFC restaurant operator has just released its half-year results and reported a 14.3% increase in revenue to $696.5 million and a 16.7% lift in underlying EBITDA to $109.9 million. This allowed the Collins Foods board to declare a fully franked interim dividend of 12.5 cents per share. Its shares will go ex-dividend for this on Monday 4 December. After which, it will be paid to eligible shareholders just after Christmas on 28 December.
Fisher & Paykel Healthcare Corporation Ltd (ASX: FPH)
Another ASX All Ords share that released its results this week is medical device company Fisher & Paykel Healthcare. It reported a 16% increase in revenue to NZ$803.7 million and a 12% lift in net profit after tax to NZ$107.3 million. This supported an interim dividend of 18 NZ cents per share, which will be paid to shareholders on 18 December. To receive this dividend, you will need to own its shares before they go ex-dividend on Tuesday 5 December.
Incitec Pivot Ltd (ASX: IPL)
This agricultural chemicals company's shares are due to go ex-dividend for its 5 cents per share dividend on Monday 4 December. This will then be paid to eligible shareholders during the week before Christmas on 19 December. The good news is that it may not be long until another return comes the way of shareholders. Incitec Pivot intends to return up to $1 billion of the proceeds of the Waggaman sale to shareholders. This will be through a combination of an on-market share buyback of up to $500 million and a distribution of up to $500 million.
