ASX shares going ex-dividend next week

Earnings season officially started this week.

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S&P/ASX All Ordinaries Index (ASX: XAO) shares are 1.9% lower at 8,977 points at the time of writing on Friday.

The market is limping towards the finish line after an interest rate rise seriously dampened the 'vibe' this week.

ASX All Ords shares are down 2.1% since Monday.

Earnings season officially began this week, and as the half-year (and some full-year) reports come in, dividends are being announced.

Next week, a small group of ASX shares will go ex-dividend.

That means they will start trading without the latest dividend attached.

On the ex-dividend date, it is very common for share prices to fall.

This happens because stocks are simply less valuable without their next dividends attached.

So, keep an eye out for sudden dips in some of your portfolio stocks over the next month or so.

Going ex-dividend will likely be the reason.

A man points at a paper as he holds an alarm clock, indicating the ex-dividend date is approaching.

Image source: Getty Images

Why watch the ex-dividend date?

If you've researched an ASX share and are ready to buy, you might want to do so before the ex-dividend date to pick up some income.

Alternatively, you might prefer to wait until the ex-dividend date, when the stock price is likely to fall.

Either option presents an opportunity.

Here are several ASX shares going ex-dividend next week.

The biggest name is ASX All Ords heavyweight ResMed Inc (ASX: RMD), which makes sleep apnoea devices.

We also recap how much these companies will pay investors and when they will deposit the money into their accounts.

5 ASX shares about to go ex-dividend

ASX shareEx-dividend dateDividend amountPayment date
BKI Investment Company Ltd (ASX: BKI)9 February4 cents27 February
Sandon Capital Investments Ltd (ASX: SNC)10 February0.005 cents27 February
ResMed CDI (ASX: RMD)11 February5.9 cents19 March
Korvest Ltd (ASX: KOV)12 February25 cents6 March
Plato Income Maximiser Ltd (ASX: PL8)13 February0.006 cents27 February

Which companies are reporting next week?

The calendar is pretty busy next week.

On Monday, we'll hear from Argo Investments Ltd (ASX: ARG) and CAR Group Ltd (ASX: CAR).

Then on Tuesday, Amotiv Ltd (ASX: AOV), Arena REIT (ASX: ARF), and Region Group (ASX: RGN) will be up.

On Wednesday, investors will hear from Commonwealth Bank of Australia (ASX: CBA) and CSL Ltd (ASX: CSL).

There will be strong interest in these earnings reports, given that both stocks have endured significant sell-offs over the past year.

We'll also hear from ASX gold miner, Evolution Mining Ltd (ASX: EVN).

Investors will be curious to see how one of the market's largest miners has leveraged the soaring gold price to maximise profits.

We'll also hear from AGL Energy Ltd (ASX: AGL), James Hardie Industries Plc (ASX: JHX), and investment house SGH Ltd (ASX: SGH).

On Thursday, 3 ASX financial shares will be in the spotlight.

AMP Ltd (ASX: AMP), ASX Ltd (ASX: ASX), and Insurance Australia Group Ltd (ASX: IAG) will release their earnings.

We'll also hear from Origin Energy Ltd (ASX: ORG), Pro Medicus Ltd (ASX: PME), and Temple & Webster Group Ltd (ASX: TPW).

On Friday, Cochlear Ltd (ASX: COH) and Nick Scali Ltd (ASX: NCK) will be in the spotlight.

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended CSL, Cochlear, ResMed, and Temple & Webster Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Pro Medicus. The Motley Fool Australia has positions in and has recommended Region Group and ResMed. The Motley Fool Australia has recommended CAR Group Ltd, CSL, Cochlear, Korvest, Nick Scali, Pro Medicus, and Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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