3 ASX All Ordinaries shares trading ex-dividend tomorrow

A number of popular ASX All Ordinaries shares are likely to fall tomorrow, even if no announcements are made by the companies.

As the August earnings season draws to a close, several ASX shares are trading ex-dividend this month.

The ex-dividend date is when investors must have purchased a company’s shares beforehand to be eligible for the upcoming dividend. If you buy the shares on or after the ex-dividend date, the dividend will go to the seller.

Below, we take a look at the ASX All Ordinaries shares that are trading ex-dividend on Wednesday.

Telstra Corporation Ltd (ASX: TLS) shares will trade ex-dividend for the telco’s 8.5 cents per share fully franked dividend. This will be paid to eligible shareholders on 22 September.

Pact Group Holdings Ltd (ASX: PGH) shares will also trade ex-dividend on Wednesday for the company’s partially franked 1.5 cent per share final dividend. Shareholders will have to wait until 6 October to receive the packaging and recycling business’s dividend payment.

SG Fleet Group Ltd (ASX: SGF) shares are set to trade without the rights to the fleet management company’s full franked 6.81 cents per share final dividend. SG Fleet shareholders will be paid this dividend on 8 September.

Foolish Takeaway

To qualify for any of the above dividends, you’ll need to make sure you buy the company’s shares before the close of trade today.

After that, you will still qualify for the dividend even if you sell the shares tomorrow or at a later date.

The post 3 ASX All Ordinaries shares trading ex-dividend tomorrow appeared first on The Motley Fool Australia.

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More reading

• Hoping to ring in the latest Telstra dividend? Here’s what you need to do
• How have ASX dividend shares been performing this earnings season?
• Here are the 3 most heavily traded ASX 200 shares on Monday
• Looking to buy Telstra shares? Here’s how the telco’s results stack up against TPG’s
• ASX reporting season weekly wrap: Winners and losers

Motley Fool contributor Aaron Teboneras has positions in Telstra Corporation Limited. 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 positions in and has recommended Telstra Corporation Limited. 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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