It's fair to say that it's not peak dividend season on the ASX boards right now. With most ASX All Ords shares announcing their latest earnings over February and March, and with the dividends from those announcements hitting investors' bank accounts over March and April, the back half of this month of May looks relatively dry when it comes to passive income paycheques.
But that doesn't mean no ASX All Ords shares are scheduled to dole out their latest dividends. In fact, next week will see four All Ords shares trade ex-dividend for their latest shareholder payments.
Remember, when a dividend share trades ex-dividend, it rules a line in the sand regarding who gets to receive the dividend payment in question.
Put simply, any investor who is on the record as owning a company's shares as of the market close the day before that company trades ex-dividend is eligible to receive the latest dividend payment. But anyone who buys shares on or after the ex-dividend date misses out.
So if you want to bag any of the dividends from the four ASX All Ords shares we're about to discuss, you know what you have to do.
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4 ASX All Ords shares set to trade ex-dividend next week
WAM Leaders and Amcor
First up is the listed investment company (LIC) WAM Leaders Ltd (ASX: WLE). WAM Leaders is set to pay out an interim dividend of 4.6 cents per share, fully franked, on 31 May at the end of this month.
But the company's ex-dividend date has been set for Monday, 20 May. That means that anyone wishing to bag this dividend will need to own WAM Leaders shares as of Friday's market close.
This LIC currently sports a dividend yield of 6.52%.
Let's discuss All Ords share and packaging giant Amcor plc (ASX: AMC) now. Amcor is a dual-listed company that pays quarterly dividends rather than the usual biannual schedule. Its latest payment, covering the three months to 31 March 2024, is set to be distributed on 11 June next month. It will be worth 19.3 cents per share but will come unfranked.
Amcor is currently trading on a dividend yield of 4.91%.
Orica and Whitefield
Next up, we have All Ords chemical and explosives manufacturing share Orica Ltd (ASX: ORI). Orica shares will deliver an interim, unfranked dividend of 19 cents per share on 3 July. But the company is set to go 'ex-div' for this latest payment on Thursday, 23 May next week. That means Wednesday is the last day you can buy Orica shares with the rights to this dividend attached.
Orica is trading on a dividend yield of 1.63% at present.
Last but not least, let's dive into another All Ords share and LIC in Whitefield Industrials Ltd (ASX: WHF). Whitefield is the ASX's oldest LIC, and has a very long history of paying out chunky dividends. The company's next interim dividend will come in at 10.2 cents per share, with full franking credits attached.
However, investors must buy Whitefield shares by next Thursday, 23 May, to receive this payment. The LIC is set to trade ex-dividend next Friday, 24 May. The dividend payday will then roll around for eligible investors on 13 June next month.
At current pricing, Whitefield can boast of a 3.93% dividend yield.
