4 ASX All Ords shares with ex-dividend dates this week

Time is running short to grab the dividend payouts from these four ASX All Ords stocks.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

If you're after some handy passive income there's still time to grab the upcoming dividends from these four ASX All Ordinaries Index (ASX: XAO) shares.

Though not much!

Here are four top ASX All Ords shares trading ex-dividend this week.

Different Australian dollar notes in the palm of two hands, symbolising dividends.

Image source: Getty Images

ASX All Ords shares paying passive income

First up we have diversified investment house Washington H. Soul Pattinson and Co Ltd (ASX: SOL).

Soul Patts reported its half-year results on 21 March.

Among the highlights, the ASX All Ords share achieved a 10% year on year increase in its portfolio, which reached $11.5 billion (pre-tax net asset value).

Net cash flow from investments was up 6.9% to $263. And while statutory profit of $303 million fell 33.2% year on year, management increased the fully franked interim dividend by 11.1% to 40 cents per share.

Remarkably, that marks 24 consecutive years the company has increased its dividend payouts.

Soul Patts trades ex-dividend tomorrow, on 17 April. So if you want to bank this passive income, you'll need to own shares by market close today.

The Soul Patts share price is up 7% over 12 months, currently at $34.07.

Atop the final dividend of 51 cents per share, paid on 12 December, Soul Patts trades on a fully franked trailing dividend yield of 2.7%.

Which brings us to the second ASX All Ords share trading ex-dividend this week, building materials company Boral Ltd (ASX: BLD).

Boral reported its half-year results on 9 February.

Highlights included a 9.4% year on year increase in revenue to $1.84 billion and a 143% increase in underlying net profit after tax to $139 million.

However, due to a lack of franking credits, the board opted not to pay an interim dividend.

So the payout we're looking at stems from the takeover offer from Seven Group Holdings Ltd (ASX: SVW). On 12 April Boral announced an improved offer from Seven that included a special dividend for shareholders.

This now sees Boral paying a fully franked interim dividend of 26 cents per share.

This passive income is also not going to last long. Boral stock trades ex-dividend tomorrow, so you'll need to own shares at market close today to grab that. This will be paid on 26 March.

The Boral share price is up 54% in 12 months at $6.01.

Also trading ex-dividend this week

Also trading ex-dividend this week is energy stock Horizon Oil Ltd (ASX: HZN).

The ASX All Ords share reported its half-year results on 27 February.

Revenue for the six months came in at US$66 million, down from US$76 million in the prior corresponding half year. Statutory profit after tax also slipped to US$18 million, down from $19 million.

Still, management declared an unfranked dividend of 1.5 cents per share.

Horizon Oil trades ex-dividend on Thursday, meaning you'll need to own shares at market close tomorrow to bank that payout.

The Horizon Oil share price is up 16% over 12 months at 19 cents.

Rounding off our list of stocks trading ex-dividend this week is discount retailer The Reject Shop Ltd (ASX: TRS).

The ASX All Ords share reported its half-year results on 2 February.

Highlights included a 2% year on year increase in sales to $458 million. Net profit after tax went the other way, falling 12.5% to $14 million.

Still, management declared a fully franked interim dividend of 10 cents per share.

The Reject Shop shares trade ex-dividend on Thursday. So you'll want to own shares at market close tomorrow to receive that passive income, which will be paid out on 3 May.

The Reject Shop share price is down 3% over 12 months at $4.43.

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 Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

A cool young man walking in a laneway holding a takeaway coffee in one hand and his phone in the other reacts with surprise as he reads the latest news on his mobile phone
Dividend Investing

8% yield: The ASX is getting a new dividend stock that pays out monthly

This soon-to-be stock has averaged an 8% yield since 2016...

Read more »

Happy young couple saving money in piggy bank.
Dividend Investing

How many BHP shares do I need to $1,000 of passive income?

Let's run the numbers and find out what is needed.

Read more »

Man holding Australian dollar notes, symbolising dividends.
Dividend Investing

Where to invest $2,000 in ASX dividend shares

Morgans thinks these shares are buys with attractive forecast dividend yields.

Read more »

a woman puts a pen to her mouth as she smiles slightly while checking an old book style diary/calendar.
Dividend Investing

20 ASX shares with ex-dividend dates next week

To be eligible to receive a dividend, you must own the ASX share before the ex-dividend date.

Read more »

View of a business man's hand passing a $100 note to another with a bank in the background.
Dividend Investing

Everything you need to know about the latest Soul Patts dividend

Here’s how big the latest dividend is from the investment house…

Read more »

Australian dollar notes in the pocket of a man's jeans, symbolising dividends.
Dividend Investing

Fund manager names 3 top ASX 200 dividend stocks to buy today

A leading fund manager expects these quality ASX dividend stocks will boost their payouts.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
Dividend Investing

Why ASX dividend shares could still be better than term deposits

Let's see what dividend shares offer compared to term deposits.

Read more »

A man surrounded by huge piles of paper looks through a magnifying glass at his computer screen.
Dividend Investing

As the ASX indexes sink, these unique dividend shares are making investors money

The share price of these two dividend stocks has jumped higher over the past month.

Read more »