Scores of ASX companies have been paying out their dividends and executing their dividend reinvestment plans (DRPs) this month.
Among the payers this week were BHP Group Ltd (ASX: BHP), which paid a fully franked dividend of 91.9 cents per share yesterday.
Telstra Group Ltd (ASX: TLS) also paid out a fully franked final dividend of 9.5 cents per share yesterday.
Some companies that reported their financial results late in the August earnings season are yet to go ex-dividend.
That means you still have time to strategise how to make their ex-div dates work for you.
Make the ex-dividend date work for you!
Ex-dividend dates provide two opportunities for investors.
After a company announces its next dividend, investors have a small window of opportunity to buy the ASX share with the payment attached.
If you do this, you can generate a quick return via short-term income.
Alternatively, you might like to wait until the ex-dividend date to buy, because the price will likely fall, creating a buy-the-dip opportunity.
Share prices typically fall on ex-dividend dates because the stocks are fundamentally less valuable without the next dividend attached.
As usual, there have been many examples of ASX shares falling on their ex-dividend dates this year.
On Monday, New Hope Corporation Ltd (ASX: NHC) shares fell 7.35% after the coal mining stock went ex-dividend.
Next week, a slew of real estate investment trusts (REITs) and other ASX shares will go ex-dividend.
19 ASX shares with ex-dividend dates next week
Here is a sample of the ASX shares with ex-dividend dates next week.
| ASX share | Ex-div date | Dividend | Payday |
| HomeCo Daily Needs REIT (ASX: HDN) | 29 September | 2.1 cents | 24 November |
| Lindsay Australia Ltd (ASX: LAU) | 29 September | 1.5 cents | 10 October |
| Rural Funds Group (ASX: RFF) | 29 September | 2.9 cents | 31 October |
| Centuria Office REIT (ASX: COF) | 29 September | 2.5 cents | 28 October |
| Centuria Industrial REIT (ASX: CIP) | 29 September | 4.2 cents | 28 October |
| Charter Hall Long WALE REIT (ASX: CLW) | 29 September | 6.4 cents | 14 November |
| DEXUS Industria REIT (ASX: DXI) | 29 September | 4.2 cents | 13 November |
| Gold Road Resources Ltd (ASX: GOR) | 29 September | 43.7 cents | 7 October |
| Garda Diversified Property Fund (ASX: GDF) | 29 September | 2 cents | 15 October |
| Charter Hall Retail REIT (ASX: CQR) | 29 September | 6.4 cents | 28 November |
| Charter Hall Social Infrastructure REIT (ASX: CQE) | 29 September | 4.2 cents | 21 October |
| Arena REIT No 1 (ASX: ARF) | 29 September | 4.8 cents | 6 November |
| Waypoint REIT (ASX: WPR) | 29 September | 4.2 cents | 10 December |
| Sims Ltd (ASX: SGM) | 30 September | 13 cents | 15 October |
| Tasmea Ltd (ASX: TEA) | 30 September | 6 cents | 5 November |
| Nick Scali Ltd (ASX: NCK) | 1 October | 33 cents | 28 October |
| Cedar Woods Properties Ltd (ASX: CWP) | 1 October | 19 cents | 31 October |
| WAM Strategic Value Ltd (ASX: WAR) | 2 October | 3 cents | 31 October |
| ARB Corporation Ltd (ASX: ARB) | 2 October | 35 cents | 17 October |
