Whilst the hype over the most recent round of ex-dividend dates and dividend payments has decidedly died down on the ASX, there is still a steady stream of S&P/ASX All Ordinaries (ASX: XAO) shares that are lining up to reward their shareholders every week.
We might not be seeing the most well-known dividend payers, like Telstra Group Ltd (ASX: TLS), Commonwealth Bank of Australia (ASX: CBA), or BHP Group Ltd (ASX: BHP), in dividend mode right now. However, there are still no fewer than four ASX All Ords shares scheduled to trade ex-dividend next week.
Remember, when a company declares a dividend, it must also nominate an ex-dividend date to precede it. This date serves as a cutoff point in deciding which shareholders are eligible for the company's coming dividend payment.
If any investor wishes to receive a particular dividend payment, they must have that company's shares against their name as of the market close on the day before that company trades ex-dividend. If an investor buys that company's shares on or after its ex-dividend date, the seller will retain the rights to receive said dividend, even if they no longer hold the shares.
4 ASX All Ords shares scheduled to trade ex-dividend next week
First up, we have ASX All Ords share and aluminium producer Alcoa Corporation (ASX: AAI). Alcoa's latest dividend payout is set to be worth 10.5 cents per share, albeit without any franking credits attached. It is set to arrive in eligible shareholders' bank accounts next month on 19 November.
However, Alcoa has nominated next Monday, 28 October, as the ex-dividend date for this payout. That means if investors wish to receive it, they must own the shares by market close tomorrow.
Next, let's talk about Hotel Property Investments Ltd (ASX: HPI). This real estate investment trust (REIT) will pay out its latest dividend distribution on 20 November next month. This distribution will be worth 6.5 cents per share. As is usual for a REIT, it will come unfranked.
Investors have a little bit longer to decide if they wish to bag this particular dividend. Hotel Property Investments is scheduled to trade ex-dividend next Wednesday, 30 October.
That ex-dividend date is shared with ASX All Ords construction share Acrow Ltd (ASX: ACF). Acrow is also scheduled to trade ex-dividend next Wednesday, 30 October. Investors are in line to receive 3 cents per share on 29 November. This dividend will come with full franking credits attached.
Finally, we come to Autosports Group Ltd (ASX: ASG), an ASX All Ords share that deals in luxury car brands. Autosports has scheduled next Thursday, 31 October, as its ex-dividend date for its final dividend of 2024.
This dividend will be worth 8 cents per share and will come with full franking credits attached. For eligible investors whose names are next to Autosport shares as of the market close next Wednesday, payment day will be 15 November next month.
