September 11, 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:
Public Storage
Symbol: PSA
Recent Price: $$273.66
Average Analyst Price Target: $327.00 (19.31%)
Market Cap: $$48.03B
Expected Ex-Dividend Date: Sep 12 2023
Expected Payment Date: Sep 28 2023
Expected Dividend & Yield: 3.62%
Recent Analyst Action: Ki Bin, analyst at Truist Financial, reiterates coverage on Public Storage (PSA) in the Real Estate sector with a Buy rating and a price target of $305 (1 week ago).
TipRanks.com also reports that Public Storage currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $327.00 . The target pricing ranges from a high forecast of $348 down to a low forecast of $305. Public Storage (PSA)’s last closing price was $$273.66 which would put the average price target at 19.31% upside.Here are 3rd party ratings for PSA:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 24% (191 out of 252)
--------------------------------------------------------------------------
HP
Symbol: HPQ
Recent Price: $$29.45
Average Analyst Price Target: $28.40 (0.34%)
Market Cap: $$28.91B
Expected Ex-Dividend Date: Sep 12 2023
Expected Payment Date: Oct 04 2023
Expected Dividend & Yield: 3.42%
Recent Analyst Action: Ananda Baruah, analyst at Loop Capital Markets, reiterates coverage on HP (HPQ) in the Technology sector with a Hold rating and a price target of $30 (5 days ago).
TipRanks.com also reports that HP currently has 5 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $28.40 . The target pricing ranges from a high forecast of $33 down to a low forecast of $23. HP (HPQ)’s last closing price was $$29.45 which would put the average price target at 0.34% upside.Here are 3rd party ratings for HPQ:
- TipRanks.com: Hold
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Bottom 21% (198 out of 252)
--------------------------------------------------------------------------
Ameren
Symbol: AEE
Recent Price: $$79.41
Average Analyst Price Target: $86.60 (10.54%)
Market Cap: $$20.68B
Expected Ex-Dividend Date: Sep 12 2023
Expected Payment Date: Sep 29 2023
Expected Dividend & Yield: 3.11%
Recent Analyst Action: Stephen Byrd, analyst at Morgan Stanley, reiterates coverage on Ameren (AEE) in the Utilities sector with a Hold rating and a price target of $82 (2 weeks ago).
TipRanks.com also reports that Ameren currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $86.60 . The target pricing ranges from a high forecast of $95 down to a low forecast of $80. Ameren (AEE)’s last closing price was $$79.41 which would put the average price target at 10.54% upside.Here are 3rd party ratings for AEE:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Top 42% (105 out of 252)
--------------------------------------------------------------------------
Wyndham Hotels & Resorts
Symbol: WH
Recent Price: $$76.56
Average Analyst Price Target: $84.20 (11.21%)
Market Cap: $$6.31B
Expected Ex-Dividend Date: Sep 12 2023
Expected Payment Date: Sep 27 2023
Expected Dividend & Yield: 1.78%
Recent Analyst Action: Stephen Grambling, analyst at Morgan Stanley, reiterates coverage on Wyndham Hotels & Resorts (WH) in the Real Estate sector with a Buy rating and a price target of $82 (2 weeks ago).
TipRanks.com also reports that Wyndham Hotels & Resorts currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $84.20 . The target pricing ranges from a high forecast of $89 down to a low forecast of $81. Wyndham Hotels & Resorts (WH)’s last closing price was $$76.56 which would put the average price target at 11.21% upside.Here are 3rd party ratings for WH:
- TipRanks.com: Strong Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Top 42% (106 out of 252)
--------------------------------------------------------------------------
Avnet
Symbol: AVT
Recent Price: $$48.02
Average Analyst Price Target: $49.60 (1.21%)
Market Cap: $$4.40B
Expected Ex-Dividend Date: Sep 12 2023
Expected Payment Date: Sep 27 2023
Expected Dividend & Yield: 2.29%
Recent Analyst Action: William Stein, analyst at Truist Financial, reiterates coverage on Avnet (AVT) in the Technology sector with a Hold rating and a price target of $50 (3 weeks ago).
TipRanks.com also reports that Avnet currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Sell rating with an average price target is $49.60 . The target pricing ranges from a high forecast of $55 down to a low forecast of $45. Avnet (AVT)’s last closing price was $$48.02 which would put the average price target at 1.21% upside.Here are 3rd party ratings for AVT:
- TipRanks.com: Moderate Sell
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Bottom 11% (224 out of 252)
--------------------------------------------------------------------------
International Seaways
Symbol: INSW
Recent Price: $$43.47
Average Analyst Price Target: $59.00 (61.03%)
Market Cap: $$2.02B
Expected Ex-Dividend Date: Sep 12 2023
Expected Payment Date: Sep 27 2023
Expected Dividend & Yield: 1.11%
Recent Analyst Action: Peter Christensen, analyst at Cleaves Securities, reiterates coverage on International Seaways (INSW) in the Energy sector with a Buy rating and a price target of $82 (3 weeks ago).
TipRanks.com also reports that International Seaways currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $59.00 . The target pricing ranges from a high forecast of $82 down to a low forecast of $45. International Seaways (INSW)’s last closing price was $$43.47 which would put the average price target at 61.03% upside.Here are 3rd party ratings for INSW:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Hold, Bottom 23% (195 out of 252)
--------------------------------------------------------------------------
Myers Industries
Symbol: MYE
Recent Price: $$17.80
Average Analyst Price Target: $24.50 (23.60%)
Market Cap: $$658.89M
Expected Ex-Dividend Date: Sep 12 2023
Expected Payment Date: Oct 04 2023
Expected Dividend & Yield: 2.87%
Recent Analyst Action: Lance Vitanza, analyst at TD Cowen, reiterates coverage on Myers Industries (MYE) in the Industrials sector with a Hold rating and a price target of $22 (1 month ago).
TipRanks.com also reports that Myers Industries currently has 2 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $24.50 . The target pricing ranges from a high forecast of $27 down to a low forecast of $22. Myers Industries (MYE)’s last closing price was $$17.80 which would put the average price target at 23.60% upside.Here are 3rd party ratings for MYE:
- TipRanks.com: Hold
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Sell, Bottom 6% (237 out of 252)
--------------------------------------------------------------------------
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.
