ASX Shares Set to Deliver Dividends Next Week: WGB, GOW, and HVN Go Ex-Dividend

Ex-dividend is a financial term that indicates a specific date on or after which a purchaser of a stock will not receive the next scheduled dividend payment. In other words, if you buy a stock on or after its ex-dividend date, you won't be entitled to the upcoming dividend payment. This date is essential for investors as it helps determine who receives the dividend and can impact stock prices in the lead-up to and on the ex-dividend date.

Investors in the Australian Securities Exchange (ASX) are gearing up for dividend payouts next week as several prominent shares go ex-dividend. Here's a look at the key details for these dividend-yielding stocks:

1. Wam Global Ltd (ASX: WGB)

• Ex-Dividend Date: October 12, 2023
• Dividend Amount: AU$0.058 per share
• Dividend Yield: 2.91%
• Payment Date: October 27, 2023

Wam Global Ltd, a part of the Wilson Asset Management Group, is an ASX-listed investment company known for its international investments. The company's primary objective is to provide medium to long-term capital growth and offer fully franked dividends to its investors.

2. Gowing Bros Ltd (ASX: GOW)

• Ex-Dividend Date: October 12, 2023
• Dividend Amount: AU$0.03 per share
• Dividend Yield: 1.31%
• Payment Date: October 27, 2023

Gowing Bros Ltd is an Australian investment company specializing in wealth management. It boasts a diversified portfolio, which includes equity securities, investment properties, private equity, property development projects, and cash. Their commitment to wealth management sets them apart in the investment sector.

3. Harvey Norman Holdings Ltd (ASX: HVN)

• Ex-Dividend Date: October 13, 2023
• Dividend Amount: AU$0.12 per share
• Dividend Yield: 3.05%
• Payment Date: November 13, 2023

Harvey Norman Holdings Ltd is a well-established multinational retailer based in Australia. The company is renowned for its extensive range of products, including furniture, bedding, computers, communications, and consumer electrical items. It operates primarily through a franchise model, with

ASX-listed Harvey Norman Holdings Limited overseeing the brand and company-operated stores.

4. New Hope Corporation Ltd (ASX: NHC)

• Ex-Dividend Date: October 23, 2023
• Dividend Amount: AU$0.30 per share
• Dividend Yield: 4.98%
• Payment Date: November 7, 2023

New Hope Corporation Limited is a prominent Australian public company with diverse business interests, including coal mining, exploration, port operation, oil, agriculture, innovative technologies, and investment. NHC's dividend yield of 4.98% makes it an attractive prospect for income-focused investors.

5. Autosports Group Ltd (ASX: ASG)

• Ex-Dividend Date: October 31, 2023
• Dividend Amount: AU$0.10 per share
• Dividend Yield: 3.98%
• Payment Date: November 15, 2023

Autosports Group Limited operates in the retail automotive industry and specializes in the sale of new and used motor vehicles, as well as related financial and insurance products. With a dividend yield of 3.98%, ASG offers investors an opportunity to benefit from their dividend distribution.

As these ASX shares go ex-dividend, investors can anticipate receiving dividend payouts in the coming weeks. This presents an opportunity for income-focused investors to reap rewards from their investments while considering the unique focus and offerings of each of these dividend-yielding companies. Keep an eye on these dates and figures to make informed investment decisions in the dynamic ASX market.

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