S&P/ASX All Ords Index (ASX: XAO) shares are 0.54% higher at 9,080 points at the time of writing on Friday.
With reporting season over, ASX companies are slowly winding their way through the ex-dividend process.
After a company announces its financial results and dividend, ASX investors have a short window to buy the share with the payment attached.
On the ex-dividend date, the stock begins trading without the next dividend payment attached.
We typically see share prices fall on ex-div dates because the shares are inherently less valuable without the dividend included.
Ex-dividend dates provide two opportunities for investors.
You can buy an ASX share before its ex-dividend date, which gives you immediate entitlement to the next dividend payment.
Or, you can buy an ASX share on its ex-div date, when the share price typically falls, and take advantage of that dip.
As usual, we've seen plenty of examples of ASX shares falling on their ex-dividend dates this year.
Yesterday, South 32 Ltd (ASX: S32) shares closed 1.5% down after going ex-dividend.
The Super Retail Group Ltd (ASX: SUL) share price fell 4.2% on its ex-div date this month.
CSL Ltd (ASX: CSL) shares dropped 2.15% on their ex-dividend date.
The Pro Medicus Ltd (ASX: PME) share price fell 1.3% on its ex-dividend date.
Nine Entertainment Co Holdings Ltd (ASX: NEC) shares provide an extraordinary example, plummeting 36% on ex-div day.
However, this was more a reflection of the special dividend paid to Nine shareholders this time around after the sale of Domain.
Nine Entertainment is one of several companies that announced special dividends during the August earnings season.
9 ASX shares with ex-dividend dates next week
Here is a sample of the ASX shares going ex-dividend next week.
| ASX share | Ex-div date | Dividend amount | DIvidend payday |
| Bisalloy Steel Group Ltd (ASX: BIS) | 22 September | 16.5 cents | 3 October |
| New Hope Corporation Ltd (ASX: NHC) | 22 September | 15 cents | 8 October |
| Southern Cross Electrical Engineering Ltd (ASX: SXE) | 23 September | 5 cents | 8 October |
| IPD Group Ltd (ASX: IPG) | 23 September | 6.2 cents | 8 October |
| Imdex Ltd (ASX: IMD) | 24 September | 1 cent | 9 October |
| Genesis Energy Ltd (ASX: GNE) | 24 September | 6.5 cents | 10 October |
| PRL Global Ltd (ASX: PRG) | 25 September | 2 cents | 24 October |
| Salter Brothers Emerging Companies Ltd (ASX: SB2) | 25 September | 2 cents | 30 October |
| SRG Global Ltd (ASX: SRG) | 26 September | 3 cents | 10 October |
Further reading
If you own ASX shares and would like to review the earnings reports of your companies, please see our comprehensive calendar page.
