Whilst the hype over the most recent and has decidedly died down on the ASX, there is still a steady stream of (ASX: XAO) shares that are lining up to reward their shareholders every week. We might not be seeing the most well-known dividend payers, like ( ), ( ) scheduled to trade ex-dividend next week. Remember, when a company declares a dividend, it must also nominate an ex-dividend date to precede it.
This date serves as a cutoff point in deciding which shareholders are eligible for the company's coming dividend payment. If any investor wishes to receive a particular dividend payment, they must have that company's shares against their name as of the market close on the day before that company trades ex-dividend. If an investor buys that company's shares on or after its ex-dividend date, the seller will retain the rights to receive said dividend, even if they no longer hold the shares.
4 ASX All Ords shares scheduled to trade ex-dividend next week First up, we have ASX All Ords share and aluminium producer ( ). Alcoa's latest dividend payout is set to be worth 10.5 cents per share, albeit without any attached.
It is set to arrive in eligible shareholders' bank accounts next month on 19 November. However, Alcoa has nominated next Monday, 28 October, as the ex-dividend date for this payout. That means if investors wish to receive it, they must own the shares by market close tomorrow.
Next, let's talk about ( ). This will pay out its latest dividend distribution on 20 November.
