2 ASX All Ords shares trading ex-dividend next week

Income investors after the dividends from these two ASX All Ords shares will want to own shares at market close tomorrow.

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The clock is ticking if you're looking to score the dividend payouts from these two ASX All Ords shares.

Both of the All Ordinaries Index (ASX: XAO) stocks trade ex-dividend next week.

Want to bank the dividends from these two ASX All Ords stocks?

The first stock trading ex-dividend next week is Collins Foods Ltd (ASX: CKF).

Created with Highcharts 11.4.3Collins Foods PriceZoom1M3M6MYTD1Y5Y10YALLwww.fool.com.au

Collins Foods operates KFC fast food restaurants in Australia and Europe, with a slow-growing footprint of Taco Bell outlets down under as well.

The ASX All Ords share reported its full-year results on 27 June.

Among the highlights, the company reported $1.35 billion in revenue from continuing operations. That was up 14.2% from the prior year.

On the dividend front, management noted, "Taking into consideration Collins Foods' operating cash flows, strong balance sheet and growth opportunities, the board has declared a fully franked final dividend of 15.0 cents per share (cps)."

While that's the same as the final dividend the ASX All Ords share paid out in 2022, it's worth noting that 2022 represented an all-time high payout.

Collins Foods trades ex-dividend on Monday, 10 July. That means if you want to score the dividend, you'll need to own the stock at market close tomorrow. Eligible investors will receive that payout on 1 August.

Collins Foods is currently trading for $9.78 per share.

The other ASX All Ords share trading ex-dividend next week is resource explorer Red Hill Minerals Ltd (ASX: RHI).

Created with Highcharts 11.4.3Red Hill Minerals PriceZoom1M3M6MYTD1Y5Y10YALLwww.fool.com.au

On Monday management announced they had "resolved to pay a special dividend" of 10 cents per share, fully franked.

This comes after the company reported it had ended the 2023 financial year in a strong position.

The miner said it held approximately $39 million in cash, prior to the payment of the special dividend.

The ASX All Ords share is also due to receive the second of two $200 million payments under its Sale Agreement with Mineral Resources Ltd (ASX: MIN) upon first ore on ship.

Red Hill also trades ex-dividend on Monday. So to score the dividend payout you'll want to own the stock at market close on Friday. You can then expect that 10 cents per share dividend to hit your bank account on 18 July.

The ASX All Ords stock is currently trading for $4.65 per share.

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Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Collins Foods. The Motley Fool Australia has recommended Collins Foods. 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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