
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.