9 ASX Shares Going Ex-Dividend Next Week

MotleyFool
Aug 15

S&P/ASX All Ordinaries Index (ASX: XAO) shares are 0.11% higher at 9,159.4 points at the time of writing on Friday.

Yesterday, the ASX All Ords streaked to a new all-time intraday high of 9,173.2 points on news of lower unemployment in July.

The positive jobs data bodes well for another interest rate cut this year. The Reserve Bank cut the official cash rate by 0.25% on Tuesday.

As earnings season continues, ASX companies are readying themselves to pay out millions of dollars in dividends.

Fun for us investors, right?

Next week, a small group of ASX shares will go ex-dividend.

That means they will start trading without the latest dividend attached from a certain date.

Why watch the ex-dividend date?

If you've had any of these ASX shares on your watch list for a while, and you've done your research and are ready to buy, then why not do it before the ex-dividend date?

That way, you'll pick up a handy short-term return.

Having said that, some investors might prefer to wait until the ex-dividend date to buy because the share price will likely fall on the day.

That commonly occurs because the stock is less valuable without the upcoming dividend attached.

Here are several ASX shares going ex-dividend next week. We also recap how much these companies will pay investors and when.

9 ASX shares about to go ex-dividend

Washington H. Soul Pattinson and Co Ltd (ASX: SOL) increased its annual dividend for the 27th year in a row this earnings season.

The ASX 200 financial stock will pay a final fully franked dividend of 59 cents per share, taking the annual dividend to 103 cents per share.

This makes FY25 the 27th year of consecutive dividend increases.

Soul Patts investors will vote on the $14 billion proposed merger with Brickworks Ltd (ASX: BKW) on 10 September.

Soul Patts and Brickworks have held significant stakes in each other's businesses for many decades.

Brickworks shares also go ex-dividend next week.

Brickworks will pay a final fully franked dividend of 48.4 cents per share for FY25.

ASX shareEx-dividend dateDividend per shareDividend
payday
Sandon Capital Investments Ltd (ASX: SNC) 19 August1.4 cents5 September
QBE Insurance Group Ltd (ASX: QBE)19 August31 cents26 September
Computershare Ltd (ASX: CPU)19 August48 cents15 September
Ryder Capital Ltd (ASX: RYD)20 August5.5 cents5 September
Washington H. Soul Pattinson and Company Ltd (ASX: SOL)21 August59 cents5 September
Brickworks Ltd (ASX: BKW)21 August48.4 cents5 September
AMP Ltd (ASX: AMP)21 August2 cents26 September
JB Hi-Fi Ltd (ASX: JBH)21 August$2.055 September
Iress Ltd (ASX: IRE)22 August11 cents22 September

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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