16 ASX shares going ex-dividend in May

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

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.

ASX shares with ex-dividend dates this month

ASX share Ex-dividend date Dividend amount Pay day
Djerriwarrh Investments Ltd (ASX: DJW) 5 May 4.3 cents per share 28 May
OM Holdings Ltd (ASX: OHM) 7 May 1 cent per share 29 May
Future Generation Global Ltd (ASX: FGG) 11 May 4 cents per share 27 May
ANZ Group Holdings Ltd (ASX:ANZ) 11 May 83 cents per share 1 July
Naos Small Cap Opportunities Company Ltd (ASX: NSC) 12 May 1.3 cents per share 4 June
Naos Ex-50 Opportunities Company Ltd (ASX: NAC) 12 May 1.6 cents per share 4 June
Wam Research Ltd (ASX: WAX) 13 May 5 cents per share 28 May
Wam Income Maximiser (ASX: WMX) 13 May 0.006 cents per share 27 May
Autosports Group Ltd (ASX: ASG) 14 May 5 cents per share 29 May
Tamawood Ltd (ASX: TWD) 14 May 11 cents per share 5 June
United Overseas Australia Ltd (ASX: UOS) 14 May 2 cents per share 5 June
Wam Active Ltd (ASX: WAA) 15 May 3.2 cents per share 28 May
Wam Microcap Ltd (ASX: WMI) 15 May 5.3 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 May 25.4 cents per share 22 June
Pengana International Equities Ltd (ASX: PIA) 29 May 1.4 cents per share 16 June

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

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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.