Dear Reader,
We have identified several financial stocks which are expected to go “Ex-Dividend” starting 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:
Annaly Capital
Symbol: NLY
Recent NLY Stock Price: $20.60
Average Analyst Price Target for NLY Stock: $26.40 (6.80%)
Market Cap for NLY Stock: $10.04B
Expected Ex-Dividend Date for NLY Stock: Jun 29 2023
Expected Payment Date for NLY Stock: Jul 31 2023
Expected Dividend & Yield for NLY Stock: 16.35%
Recent Analyst Action: Kenneth Lee, analyst at RBC Capital, reiterates coverage on Annaly Capital (NLY) stock in the financial stock sector with a Buy rating and a price target of $22 (1 month ago).
TipRanks.com also reports that Annaly Capital currently has 16 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $26.40 . The target pricing ranges from a high forecast of $34.00 down to a low forecast of $21.50. Annaly Capital (NLY)’s last closing price was $$20.60 which would put the average price target at 6.80% upside.Here are 3rd party ratings for NLY stock:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Hold, Bottom 7% (234 out of 251)
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Apollo Real Estate
Symbol: ARI
Recent ARI Stock Price: $11.35
Average Analyst Price Target for ARI Stock: $13.50 (-10.40%)
Market Cap for ARI Stock: $1.57B
Expected Ex-Dividend Date for ARI Stock: Jun 29 2023
Expected Payment Date for ARI Stock: Jul 14 2023
Expected Dividend & Yield for ARI Stock: 13.05%
Recent Analyst Action: Douglas Harter, analyst at Credit Suisse, reiterates coverage on Apollo Real Estate (ARI) stock in the financial stock sector with a Hold rating and a price target of $11 (1 month ago).
TipRanks.com also reports that Apollo Real Estate currently has 15 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $13.50 . The target pricing ranges from a high forecast of $13.50 down to a low forecast of $13.50. Apollo Real Estate (ARI)’s last closing price was $$11.35 which would put the average price target at -10.40% upside.Here are 3rd party ratings for ARI stock:
- TipRanks.com: Hold
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Buy, Bottom 7% (234 out of 251)
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Ares Commercial
Symbol: ACRE
Recent ACRE Stock Price: $10.38
Average Analyst Price Target for ACRE Stock: $16.00 (-2.70%)
Market Cap for ACRE Stock: $559.84M
Expected Ex-Dividend Date for ACRE Stock: Jun 29 2023
Expected Payment Date for ACRE Stock: Jul 18 2023
Expected Dividend & Yield for ACRE Stock: 13.25%
Recent Analyst Action: Douglas Harter, analyst at Credit Suisse, reiterates coverage on Ares Commercial (ACRE) stock in the financial stock sector with a Buy rating and a price target of $11 (1 month ago).
TipRanks.com also reports that Ares Commercial currently has 20 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $16.00 . The target pricing ranges from a high forecast of $16.00 down to a low forecast of $16.00. Ares Commercial (ACRE)’s last closing price was $$10.38 which would put the average price target at -2.70% upside.Here are 3rd party ratings for ACRE stock:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Sell, Bottom 7% (234 out of 251)
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B&G Foods
Symbol: BGS
Recent BGS Stock Price: $14.19
Average Analyst Price Target for BGS Stock: $22.75 (10.43%)
Market Cap for BGS Stock: $1.02B
Expected Ex-Dividend Date for BGS Stock: Jun 29 2023
Expected Payment Date for BGS Stock: Jul 31 2023
Expected Dividend & Yield for BGS Stock: 9.43%
Recent Analyst Action: Nik Modi, analyst at RBC Capital, reiterates coverage on B&G Foods (BGS) stock in the financial stock sector with a Hold rating and a price target of $16 (1 month ago).
TipRanks.com also reports that B&G Foods currently has 12 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $22.75 . The target pricing ranges from a high forecast of $27.00 down to a low forecast of $16.00. B&G Foods (BGS)’s last closing price was $$14.19 which would put the average price target at 10.43% upside.Here are 3rd party ratings for BGS stock:
- TipRanks.com: Hold
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Top 16% (40 out of 251)
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Bancolombia
Symbol: CIB
Recent CIB Stock Price: $26.86
Average Analyst Price Target for CIB Stock: (0.52%)
Market Cap for CIB Stock: $28.40T
Expected Ex-Dividend Date for CIB Stock: Jun 29 2023
Expected Payment Date for CIB Stock: Jul 14 2023
Expected Dividend & Yield for CIB Stock: 9.43%
Recent Analyst Action: Ernesto Gabilondo, analyst at Bank of America Securities, reiterates coverage on Bancolombia (CIB) stock in the financial stock sector with a Hold rating and a price target of $27 (1 month ago).
TipRanks.com also reports that Bancolombia currently has analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is . The target pricing ranges from a high forecast of down to a low forecast of . Bancolombia (CIB)’s last closing price was $$26.86 which would put the average price target at 0.52% upside.Here are 3rd party ratings for CIB stock:
- TipRanks.com: Hold
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Strong Sell, Top 43% (109 out of 251)
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Camden Property
Symbol: CPT
Recent CPT Stock Price: $109.74
Average Analyst Price Target for CPT Stock: $157.15 (11.96%)
Market Cap for CPT Stock: $11.61B
Expected Ex-Dividend Date for CPT Stock: Jun 29 2023
Expected Payment Date for CPT Stock: Jul 17 2023
Expected Dividend & Yield for CPT Stock: 3.61%
Recent Analyst Action: Brad Heffern, analyst at RBC Capital, reiterates coverage on Camden Property (CPT) stock in the financial stock sector with a Buy rating and a price target of $128 (1 week ago).
TipRanks.com also reports that Camden Property currently has 15 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $157.15 . The target pricing ranges from a high forecast of $180.00 down to a low forecast of $125.00. Camden Property (CPT)’s last closing price was $$109.74 which would put the average price target at 11.96% upside.Here are 3rd party ratings for CPT stock:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Top 37% (93 out of 251)
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Essex Property
Symbol: ESS
Recent ESS Stock Price: $231.03
Average Analyst Price Target for ESS Stock: $299.57 (1.90%)
Market Cap for ESS Stock: $15.19B
Expected Ex-Dividend Date for ESS Stock: Jun 29 2023
Expected Payment Date for ESS Stock: Jul 14 2023
Expected Dividend & Yield for ESS Stock: 4.05%
Recent Analyst Action: Brad Heffern, analyst at RBC Capital, reiterates coverage on Essex Property (ESS) stock in the financial stock sector with a Buy rating and a price target of $249 (1 week ago).
TipRanks.com also reports that Essex Property currently has 15 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $299.57 . The target pricing ranges from a high forecast of $390.00 down to a low forecast of $208.00. Essex Property (ESS)’s last closing price was $$231.03 which would put the average price target at 1.90% upside.Here are 3rd party ratings for ESS stock:
- TipRanks.com: Hold
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Hold, Top 37% (93 out of 251)
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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.
Sincerely,
The Editor, FinancialMarketMovers.com
FinancialMarketPress.com keeps investors informed of the top moving stocks within each sector including Health & Biotech, Technology, Energy, Metals & Mining, Financial, Consumer, Communication Services and more. We provide investors with timely information regarding top moving stocks that is sourced from our proprietary stocks screens, partner stock analysts and breaking news that identify and monitor stocks that are on the move. Join thousands of investors who already signed up for our free subscription to FinancialMarketPress.com.
