Each state has a different school holiday period, with NSW, Queensland, and Victoria among the states commencing holidays today.

Tasmania has the latest school holiday schedule this Easter season. The school break in our smallest state runs from 18 April to 3 May.

So, here's a list of all the ASX shares due to go ex-dividend over the coming weeks through to 3 May.

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

Ex-dividend dates give ASX investors two opportunities.

Either buy before the date to receive the dividend, or wait until ex-dividend day, when the share price will likely drop, to buy then.

ASX shares with ex-dividend dates this month

The post 21 ASX shares going ex-dividend over the school holidays appeared first on The Motley Fool Australia.

Following earnings season in August, scores of ASX companies are paying out millions in dividends to shareholders.

Those participating in dividend reinvestment plans (DRPs) are receiving their new shares, typically on the same day that cash dividends are paid out.

If you'd like to receive any of the dividend payments below, you need to buy these ASX shares before their ex-dividend dates.

Each time a company announces its next dividend, investors have a typically short time period to invest anew or top up their holdings to maximise their dividend income.

Here at The Fool, we do not recommend buying shares in a company you have not researched just to get the next dividend payment.

Our stock analysts say the decision to invest should be much more considered and strategic than that, and based on fundamentals.

Many investors employ a dollar-cost averaging strategy on ex-dividend dates to reduce the average cost of their holdings over time.

These investors already own stock in the company.

They target the ex-dividend date for further purchasing because the share price tends to fall on the ex-dividend day, potentially providing an attractive buy-the-dip opportunity.

Here are 16 ASX shares going ex-dividend next week.

16 ASX shares with ex-dividend dates next week

The post 16 ASX shares going ex-dividend next week appeared first on The Motley Fool Australia.

Although many of the biggest dividend payers have already doled out their latest payouts following August and September's earnings season here on the ASX, a trickle of ASX All Ords shares that are trading ex-dividend for upcoming shareholder payments coming through.

Investors have enjoyed a relatively successful dividend season over the back half of 2024 so far. Sure, there were relatively lower payouts coming out of the big mining stocks like BHP Group Ltd (ASX: BHP) and Fortescue Ltd (ASX: FMG). Energy shares like Woodside Energy Group Ltd (ASX: WDS) have also tended to deliver less dividend income in 2024 than they did in 2023.

But those laggards have been more than offset by dividend hikes from the likes of Telstra Group Ltd (ASX: TLS), Coles Group Ltd (ASX: COL), CSL Ltd (ASX: CSL) and Commonwealth Bank of Australia (ASX: CBA). Woolworths Group Ltd (ASX: WOW)'s chunky special dividend was also undoubtedly welcomed by shareholders.

But today, let's discuss eight ASX All Ords shares that haven't doled out their latest payments just yet but that will trade ex-dividend next week.

Remember, an ex-dividend date always precedes a dividend payment. Only those shareholders that have a company's shares to their name at the close of the last trading day before the ex-dividend date are eligible to receive the dividend in question.

So if you wish to receive any of the dividends from the shares below, you know what you need to do.

Eight ASX All Ords income shares trading ex-dividend next week

*Dividend yield at the time of writing

Foolish takeaway

Some interesting names are trading ex-dividend next week. Some are well-known, others less so. Of particular note is the final dividend from investment house Washington H. Soul Pattinson.

As my Fool colleague discussed just yesterday, this latest dividend from Soul Patts marks the 24th year in a row of annual dividend increases from the company – an ASX All Ords record.

The post 8 ASX All Ords shares that will trade ex-dividend next week appeared first on The Motley Fool Australia.

At the time of writing, Cadence Capital is trading at $1.00, an increase of 8.65% from yesterday's closing price.

Metal is going green, going DeepGreen

Cadence's update relates to an investment it made several years ago in a private company by the name of DeepGreen Metals. Before we jump into the recent developments, what is 'DeepGreen Metals'?

DeepGreen Metals is quite an interesting business. The company's focus is to produce metals from polymetallic rocks to power electric vehicles (EVs). Now that might not mean much unless you're a geologist, so let's crack it open.

Polymetallic rocks or nodules are rock formations containing iron and manganese hydroxides. These rocks happen to be abundant on the sea-bottom of most oceans of the world. As the formation contains a broad composition of copper, cobalt, nickel, and other elements, these nodules have the materials necessary for EV battery production.

The best part, they are just sitting on the ocean floor. That means no tearing up landscapes, impacting flora and fauna; it's a 'green' way of harvesting these resources.

We're building a world where metals are not mined and dumped, but rented and returned.#BetterMetals #RenewableEnergy #ElectricVehicles pic.twitter.com/rQNgA0iVmb

— DeepGreen Metals Inc. (@DeepGreenMetals) December 11, 2020

Why is DeepGreen driving up the Cadence Capital share price?

Announced overnight, DeepGreen Metals is set to go public on the New York Stock Exchange via SPAC. This will be done via the merger with the blank-check listed Sustainable Opportunities Acquisition Corp (NYSE: SOAC).

Once merged, the trading company will be known as The Metals Company under the ticker TMC.

Cadence Capital notes that the DeepGreen Metals investment is roughly 2.8% of the company's portfolio. The proposed listing value of US$2.9 billion is far greater than the company's current valuation. The most recent raising for the merger was priced at US$10 per share, whereas Cadence's current investment is valued at US$1.38 per share. Based on this information, the reevaluation would lift Cadence's overall portfolio value by approximately 20%.

The transaction is still subject to shareholder and court approval.

The post Why the Cadence Capital (ASX:CDM) share price is zipping 9% ahead appeared first on The Motley Fool Australia.

Was there something you missed in the fine print?

What else could be going on to warrant such a response?

During reporting season, plenty of companies see "relief rallies" take place, with players like Telstra Corporation Ltd (ASX: TLS) recently seeing its beleaguered share price jump up off the back of news of its new organisational structure.

But it can also work in reverse.

For example, Commonwealth Bank of Australia (ASX: CBA) shares rose 1% yesterday despite several broker downgrades while Navitas Limited (ASX: NVT) shares surged on the day of its results release despite posting an after-tax FY18 loss of $55.3 million.

Similarly, investors failed to react to Cadence Capital Limited's (ASX: CDM) strong results this week, with its share price unmoved despite posting a record FY18 profit after tax of $41.2 million.

Shares in Cadence closed off yesterday in the red, opening today down at $1.32.

Is there any rhyme or reason to share price rises and falls then?

To start with, market sentiment takes some time to register on the charts.

While it may seem as if the market had an unusual response to an announcement, chances are the information just hasn't filtered down to the masses yet, and when that happens, you're likely to see the true impact of the change.

For example, shares in packaging company Orora Ltd (ASX: ORA) dived 4% in morning trade yesterday, despite its FY18 results coming in strong, with an uptick in NPAT of 12% and EPS rising 11.5%.

Orora has opened today up 0.4% to $3.47, so it's likely the true impact of its results is coming into play now, but it can make timing your buying and selling awkward when delays in sentiment occur.

AGL Energy Ltd (ASX: AGL) will be on watch today, down 2.1% at the time of writing to $20.65 following the release of its full-year results yesterday – which showed better-than-expected profit and higher-than-anticipated dividends.

Looking more closely AGL has provided pretty uninspiring guidance for FY19 and with oil prices falling overnight these things combined could knock shareholder sentiment.

One company riding the ups and downs lately has been LiveTiles Ltd (ASX: LVT) as its share price rocketed higher on a new partnership announcement with Microsoft, only to come crashing back down to reality after a trading halt pending the announcement of a $25 million placement and $2 million share purchase plan.

Investors could obsess over the ups and downs of certain companies all day, but the "wait a while" mentality is the best one to take if you're unsure why a stock is moving in one direction or another.

A couple of days can be a long time in the life of a share price and the wait and see approach is often the only option we have.

The post Why good news can mean a bad day on the market appeared first on The Motley Fool Australia.

The results revealed Cadence outperformed the All Ordinaries Accumulation Index by 4.5% while holding around 20% cash with fund gross performance of 18.2%.

Cadence chair Karl Siegling named the top contributors to the fund's stellar performance as: Noni B Limited (ASX: NBL), ARQ Group Ltd (ASX: ARQ), Macquarie Group Ltd (ASX: MQG), Emeco Holdings Limited (ASX: EHL), Shine Corporate Ltd (ASX: SHJ), Independence Group NL (ASX: IGO) and Facebook.

Cadence will launch the Cadence Opportunities Fund in coming months, with the IPO looking to raise $250 million with priority allocation for existing Cadence Capital shareholders.

Cadence shareholders will be paid a 4c per share fully-franked dividend in September.

The post Investors unmoved by Cadence Capital Limited's (ASX:CDM) stellar results appeared first on The Motley Fool Australia.

Writing in its May monthly report, the fund said its strong performance for the month was generated primarily from two positions.

The IPH Ltd (ASX:IPH) share price has recovered nicely in recent weeks, now 25 per cent higher since the beginning of May.

The intellectual property law attorney firm announced and implemented a $40m on market share buyback program, helping drive IPH shares higher.

In May, Noni B announced it was buying Specialty Fashion Group Ltd (ASX:SFH) brands Katies, Millers, Crossroads, Autograph and Rivers clothing chains for $31 million.

LHC Capital views this as a significant transaction, saying the brands are complimentary to the Noni B existing portfolio, highly financially synergistic, and will improve the broader market structure in which NBL operates.

LHC thinks Noni B has picked up the assets on the cheap, after taking into account expected cost saving initiatives, at just 2 times EV/EBITDA.

On top of that, LHC sees two additional sources of upside — the ability to negotiate better pricing terms from suppliers, and because the brands have been starved of capital, stock levels can be improved, leading to better sales outcomes.

How Noni B shares can at least double

With the Noni B management having successfully executed two similar opportunities over the last three years, LHC Capital believes that if management can again execute on this opportunity, the NBL share price can at least double over the next three to five years from current levels.

LHC Capital is not the only fund manager attracted to Noni B after its acquisition of the Speciality Fashion brands.

Earlier this month listed investment company (LIC) Cadence Capital Limited (ASX:CDM) advised that underlying Cadence portfolios had lifted their holding in Noni B from 5.34 per cent to 6.78 per cent.

Cadence Capital was recently named as a dividend alternative to Telstra shares.

The post Top fund manager says this ASX small-cap stock could at least double appeared first on The Motley Fool Australia.

• Net profit after tax of $37 million, up 220%
• Profit before tax of $47 million, up 200%
• Total income of $66.6 million
• Basic earnings per share of 13.5 cents
• Flagship Cadence Capital Fund returned 2%, versus 13.1% for the benchmark
• 4 cents per share final dividend, full year dividends totaled 8 cents per share
• Net tangible asset backing after tax of $1.24, as at June 30, 2017

This was a good year for the fund manager that invests primarily in leading Australian, global, and U.S. equities such as Google-owner Alphabet Inc., Softbank, Janus Henderson Group (ASX: JHG) and Macquarie Group Ltd (ASX: MQG).

Its ASX-listed stock closed at $1.235 on June 30, which suggests it trades in line with its net tangible asset backing per share. The  trailing dividend yield is 6.3% plus the tax effective benefits of franking credits.

The post How Cadence Capital Limited just tripled its net profit to $37 million appeared first on The Motley Fool Australia.

The good news for investors is that LICs come in all shapes, sizes and varieties. Want large cap exposure – there are several LICs for that. Want small to medium cap exposure, again there's a number of LICs that will give you that. Want international exposure or an absolute LIC that can go long as well as short – well, there are LICs for that too.

These 10 LICs all offer the benefits of diversification as well as strong dividend yields – most fully franked too…

Source: Company reports, Capital IQ, Commsec

While the yields look very attractive, investors also need to consider a range of other factors including; whether the share price is at a premium or discount to the LIC's net tangible assets, if the LIC has a large number of options outstanding (which can dilute the shares), what the historical performance has been like as well as management fees, if the dividend yield is sustainable and what the underlying assets are in the LIC.

What is particularly interesting is that the two-largest LICs, Australian Foundation Investment Co.Ltd. (ASX: AFI) and Argo Investments Limited (ASX: ARG) both offer relatively lowly yields of 4.2% and currently trade at a premium to the underlying assets.

The 10 LICs above may well be much better options.

The post 10 listed investment companies with yields of 6% or more appeared first on The Motley Fool Australia.