April 5, 2023
Dear Reader,
We have identified several stocks which are expected to go “Ex-Dividend” very soon.
If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment.
Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend.
So please keep this in mind.
Below is our latest Dividend Report:
Invesco Mortgage
Symbol: IVR
Recent Price: $$11.09
Average Analyst Price Target: $12.33 (11.18%)
Market Cap: $$422.72M
Expected Ex-Dividend Date: Apr 06 2023
Expected Payment Date: Apr 27 2023
Expected Dividend & Yield: 27.95%
Recent Analyst Action: Derek Hewett, analyst at Bank of America Securities, reiterates coverage on Invesco Mortgage (IVR) in the Financial sector with a Sell rating and a price target of $ 12.5 (1 month ago).
TipRanks.com also reports that Invesco Mortgage currently has 3 analysts offering 12-month price targets and the consensus is a Strong Sell rating with an average price target is $12.33 . The target pricing ranges from a high forecast of $12.50 down to a low forecast of $12.00. Invesco Mortgage (IVR)’s last closing price was $$11.09 which would put the average price target at 11.18% upside.Here are 3rd party ratings for IVR:
- TipRanks.com: Strong Sell
- TradingView.com: Neutral
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Strong Buy, Top 40% (99 out of 250)
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Lincoln National
Symbol: LNC
Recent Price: $$21.59
Average Analyst Price Target: $31.25 (44.74%)
Market Cap: $$3.79B
Expected Ex-Dividend Date: Apr 06 2023
Expected Payment Date: May 01 2023
Expected Dividend & Yield: 8.01%
Recent Analyst Action: Jimmy Bhullar, analyst at J.P. Morgan, reiterates coverage on Lincoln National (LNC) in the Financial sector with a Hold rating and a price target of $ 29 (22 hours ago).
TipRanks.com also reports that Lincoln National currently has 8 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $31.25 . The target pricing ranges from a high forecast of $38.00 down to a low forecast of $16.00. Lincoln National (LNC)’s last closing price was $$21.59 which would put the average price target at 44.74% upside.Here are 3rd party ratings for LNC:
- TipRanks.com: Hold
- TradingView.com: Sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Strong Sell, Top 35% (87 out of 250)
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OGE Energy
Symbol: OGE
Recent Price: $$37.54
Average Analyst Price Target: $38.50 (2.56%)
Market Cap: $$7.45B
Expected Ex-Dividend Date: Apr 06 2023
Expected Payment Date: Apr 28 2023
Expected Dividend & Yield: 4.38%
Recent Analyst Action: Anthony Crowdell, analyst at Mizuho Securities, reiterates coverage on OGE Energy (OGE) in the Utilities sector with a Hold rating and a price target of $ 36 (1 week ago).
TipRanks.com also reports that OGE Energy currently has 4 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $38.50 . The target pricing ranges from a high forecast of $40.00 down to a low forecast of $36.00. OGE Energy (OGE)’s last closing price was $$37.54 which would put the average price target at 2.56% upside.Here are 3rd party ratings for OGE:
- TipRanks.com: Hold
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Bottom 38% (154 out of 250)
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Verizon
Symbol: VZ
Recent Price: $$39.65
Average Analyst Price Target: $45.73 (15.33%)
Market Cap: $$164.72B
Expected Ex-Dividend Date: Apr 06 2023
Expected Payment Date: May 01 2023
Expected Dividend & Yield: 6.65%
Recent Analyst Action: Frank Louthan, analyst at Raymond James, reiterates coverage on Verizon (VZ) in the Technology sector with a Buy rating and a price target of $ 51 (22 hours ago).
TipRanks.com also reports that Verizon currently has 11 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $45.73 . The target pricing ranges from a high forecast of $60.00 down to a low forecast of $37.00. Verizon (VZ)’s last closing price was $$39.65 which would put the average price target at 15.33% upside.Here are 3rd party ratings for VZ:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Sell, Bottom 18% (205 out of 250)
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UDR
Symbol: UDR
Recent Price: $$40.78
Average Analyst Price Target: $46.75 (14.64%)
Market Cap: $$13.47B
Expected Ex-Dividend Date: Apr 06 2023
Expected Payment Date: May 01 2023
Expected Dividend & Yield: 3.70%
Recent Analyst Action: James Feldman, analyst at Bank of America Securities, reiterates coverage on UDR (UDR) in the Financial sector with a Buy rating and a price target of $ 44.5 (6 days ago).
TipRanks.com also reports that UDR currently has 6 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $46.75 . The target pricing ranges from a high forecast of $50.00 down to a low forecast of $43.00. UDR (UDR)’s last closing price was $$40.78 which would put the average price target at 14.64% upside.Here are 3rd party ratings for UDR:
- TipRanks.com: Moderate Buy
- TradingView.com: Neutral
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Bottom 29% (177 out of 250)
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Quest Diagnostics
Symbol: DGX
Recent Price: $$141.20
Average Analyst Price Target: $153.30 (8.57%)
Market Cap: $$15.88B
Expected Ex-Dividend Date: Apr 06 2023
Expected Payment Date: Apr 24 2023
Expected Dividend & Yield: 1.86%
Recent Analyst Action: Patrick B, analyst at Citigroup, reiterates coverage on Quest Diagnostics (DGX) in the Healthcare sector with a Hold rating and a price target of $ 142 (1 day ago).
TipRanks.com also reports that Quest Diagnostics currently has 10 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $153.30 . The target pricing ranges from a high forecast of $166.00 down to a low forecast of $140.00. Quest Diagnostics (DGX)’s last closing price was $$141.20 which would put the average price target at 8.57% upside.Here are 3rd party ratings for DGX:
- TipRanks.com: Hold
- TradingView.com: Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Hold, Bottom 29% (177 out of 250)
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Darden
Symbol: DRI
Recent Price: $$153.09
Average Analyst Price Target: $164.14 (7.22%)
Market Cap: $$18.73B
Expected Ex-Dividend Date: Apr 06 2023
Expected Payment Date: May 01 2023
Expected Dividend & Yield: 3.05%
Recent Analyst Action: Eric Gonzalez, analyst at KeyBanc, reiterates coverage on Darden (DRI) in the Services sector with a Buy rating and a price target of $ 170 (1 week ago).
TipRanks.com also reports that Darden currently has 22 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $164.14 . The target pricing ranges from a high forecast of $175.00 down to a low forecast of $150.00. Darden (DRI)’s last closing price was $$153.09 which would put the average price target at 7.22% upside.Here are 3rd party ratings for DRI:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Buy, Top 21% (53 out of 250)
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And there you have it...
Keep in mind, if you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment.
Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend.
If you have questions about specific dividends, you should consult with your financial advisor or visit Investor.gov for more information.
