4 ASX All Ords shares trading ex-dividend next week

If you thought dividend season on the ASX was almost over, think again. Yes, while most of the All Ords blue chip shares have either paid out their latest dividends, or at least already traded ex-dividend, there’s still a chance to get in on some upcoming shareholder payments before it’s too late.

So today, let’s discuss four ASX All Ordinaries Index (ASX: XAO) shares that are scheduled to go ex-dividend next week. When a company trades ex-dividend, eligibility for the next dividend payment is cut off to new shareholders.

Thus, we normally see a corresponding drop in share price when this happens. This reflects the loss of value for investors going forward.

So here are four ASX All Ords shares that will trade ex-dividend next week.

Four ASX All Ords shares trading ex-dividend next week

Seven Group Holdings Ltd (ASX: SVW) is first up. Back in February, Seven announced that its interim dividend for 2023 would come in at 23 cents per share, fully franked. That’s flat on last year’s interim dividend payment, as well as the final dividend that was paid out last October.

Investors will see this dividend arrive on 5 May. But the shares will go ex-dividend next week on 11 April.

Next up is Horizon Oil Ltd (ASX: HZN). This All Ords energy share is set to pay out one of its largest dividends ever later this month. Investors are in line to bag a 1.5 cent per share payout, unfranked, on 21 April. Horizon shares will trade ex-dividend for this payment next week on 13 April.

Let’s now consider All Ords retail share Best & Less Group Holdings Ltd (ASX: BST). Best & Less declared an interim dividend of 8 cents per share back in February, a reduction from the 11 cents per share interim dividend investors enjoyed in 2022.

Even so, this fully-franked dividend will be arriving in shareholders’ proverbial mailboxes later this month on 28 April. Eligibility for this payout will close next week though, on 13 April.

Finally today, let’s check out Duxton Water Ltd (ASX: D2O). Duxton will be sending a final dividend worth a fully franked 3.4 cents per share to All Ords investors on 28 April. That’s the company’s largest-ever dividend payment.

But once again, eligibility will be shut off next week on 13 April when Duxton shares trade ex-dividend.

The post 4 ASX All Ords shares trading ex-dividend next week appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. 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.

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