16 ASX shares going ex-dividend in May

Newmont is among the ASX shares to go ex-dividend this month.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

S&P/ASX All Ords Index (ASX: XAO) shares are in the green on Friday, up 0.9% to 8,965.5 points.

A small group of ASX shares are set to go ex-dividend in May.

In order to receive a dividend, you must own the ASX share before its ex-dividend date.

So, if you're looking for some income opportunities this month, these ASX shares may be of interest.

Ex-dividend dates also provide another opportunity.

Share prices typically fall on their ex-dividend dates, so you may be able to pick up a stock you've been watching for a lower price.

Among the shares going ex-dividend this month are ASX 200 gold share Newmont Corporation CDI (ASX: NEM).

Newmont will trade ex-dividend on 26 May. The miner will pay investors a dividend of 25.4 cents per share on 22 June.

Several of Wilson Asset Management's listed investment companies (LICs) will also go ex-dividend this month.

These include Wam Capital Ltd (ASX: WAM), which will trade ex-dividend on 18 May.

Wam Capital investors will receive a dividend of 7.75 cents per share on 29 May.

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

Image source: Getty Images

ASX shares with ex-dividend dates this month

ASX shareEx-dividend dateDividend amountPay day
Djerriwarrh Investments Ltd (ASX: DJW)5 May4.3 cents per share28 May
OM Holdings Ltd (ASX: OMH)7 May1 cent per share29 May
Future Generation Global Ltd (ASX: FGG)11 May4 cents per share27 May
ANZ Group Holdings Ltd (ASX: ANZ)11 May83 cents per share 1 July
Naos Small Cap Opportunities Company Ltd (ASX: NSC)12 May1.3 cents per share4 June
Naos Ex-50 Opportunities Company Ltd (ASX: NAC)12 May1.6 cents per share4 June
Wam Research Ltd (ASX: WAX) 13 May5 cents per share28 May
Wam Income Maximiser (ASX: WMX)13 May0.006 cents per share27 May
Autosports Group Ltd (ASX: ASG)14 May5 cents per share29 May
Tamawood Ltd (ASX: TWD)14 May11 cents per share5 June
United Overseas Australia Ltd (ASX: UOS) 14 May2 cents per share5 June
Wam Active Ltd (ASX: WAA) 15 May3.2 cents per share28 May
Wam Microcap Ltd (ASX: WMI)15 May5.3 cents per share 29 May
Wam Capital Ltd (ASX: WAM)18 May 7.75 cents per share 29 May
Newmont Corporation CDI (ASX: NEM) 26 May25.4 cents per share22 June
Pengana International Equities Ltd (ASX: PIA)29 May 1.4 cents per share16 June

Motley Fool contributor Bronwyn Allen has positions in Wam Capital. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

A young woman in a red polka-dot dress holds an old-fashioned green telephone set in one hand and raises the phone to her ear.
Dividend Investing

Buying Telstra shares today? Here's the dividend yield you'll get

Does Telstra's dividend yield hold up?

Read more »

A woman has a thoughtful look on her face as she studies a fan of Australian 20 dollar bills she is holding on one hand while he rest her other hand on her chin in thought.
Dividend Investing

Are ANZ shares a good buy for passive income?

The banking giant's shares have tumbled recently, but it's dividend payment is unchanged.

Read more »

A senior investor wearing glasses sits at his desk and works on his ASX shares portfolio on his laptop.
Dividend Investing

Is CSL now an ASX dividend stock to buy?

Has the biotech giant switched from being a growth stock to an income stock now? Let's check.

Read more »

Person holding Australian dollar notes, symbolising dividends.
Dividend Investing

3 ASX dividend shares to buy for 5% to 10% yields

Analysts are expecting these dividend shares to provide big yields in the near term.

Read more »

Man holding Australian dollar notes, symbolising dividends.
Dividend Investing

An ASX dividend stalwart every Australian should consider buying

This business is a solid option for the long-term.

Read more »

Australian dollar notes in the pocket of a man's jeans, symbolising dividends.
Broker Notes

Should you buy Amcor shares for the 7% dividend yield?

A leading analyst provides his outlook for Amcor shares.

Read more »

Close-up of a business man's hand stacking gold coins into piles on a desktop.
Dividend Investing

How Chalmers' budget tips the scales for ASX 200 dividend shares like Stockland and NAB

Jim Chalmers' upcoming federal budget could favour ASX dividend stocks like NAB, Stockland, and Bank of Queensland. But why?

Read more »

Workers inspecting a gas pipeline.
Dividend Investing

This overlooked ASX stock has raised its dividend 20 years in a row

20 years of consistent dividend growth is just the tip of the iceberg for this quality business.

Read more »