November 13, 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:
Enbridge
Symbol: ENB
Recent Price: $33.40
Average Analyst Price Target: $37.10 (9.37%)
Market Cap: $71.01B
Expected Ex-Dividend Date: Nov 14 2023
Expected Payment Date: Dec 01 2023
Expected Dividend & Yield: 7.82%
Recent Analyst Action: Robert Kwan, analyst at RBC Capital, reiterates coverage on Enbridge (ENB) in the Energy sector with a Buy rating and a price target of $39.86 (6 days ago).
TipRanks.com also reports that Enbridge currently has 5 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $37.10 . The target pricing ranges from a high forecast of $41.31 down to a low forecast of $31.16. Enbridge (ENB)’s last closing price was $33.40 which would put the average price target at 9.37% upside.Here are 3rd party ratings for ENB:
- TipRanks.com: Hold
- TradingView.com:
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Bottom 43% (142 out of 250)
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Hercules Capital
Symbol: HTGC
Recent Price: $16.03
Average Analyst Price Target: $17.70 (8.55%)
Market Cap: $2.42B
Expected Ex-Dividend Date: Nov 14 2023
Expected Payment Date: Nov 22 2023
Expected Dividend & Yield: 9.61%
Recent Analyst Action: Casey Alexander, analyst at Compass Point, reiterates coverage on Hercules Capital (HTGC) in the Financial sector with a Buy rating and a price target of $17 (5 days ago).
TipRanks.com also reports that Hercules Capital currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $17.70 . The target pricing ranges from a high forecast of $18.5 down to a low forecast of $17. Hercules Capital (HTGC)’s last closing price was $16.03 which would put the average price target at 8.55% upside.Here are 3rd party ratings for HTGC:
- TipRanks.com: Strong Buy
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Buy, Top 12% (30 out of 250)
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ARMOUR Residential REIT
Symbol: ARR
Recent Price: $16.36
Average Analyst Price Target: $23.58 (3.91%)
Market Cap: $801.56M
Expected Ex-Dividend Date: Dec 14 2023
Expected Payment Date: Dec 28 2023
Expected Dividend & Yield: 32.40%
Recent Analyst Action: Matthew Howlett, analyst at B.Riley Financial, reiterates coverage on ARMOUR Residential REIT (ARR) in the Real Estate sector with a Hold rating and a price target of $17 (1 week ago).
TipRanks.com also reports that ARMOUR Residential REIT currently has 3 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $23.58 . The target pricing ranges from a high forecast of $28.75 down to a low forecast of $17. ARMOUR Residential REIT (ARR)’s last closing price was $16.36 which would put the average price target at 3.91% upside.Here are 3rd party ratings for ARR:
- TipRanks.com: Hold
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Strong Sell, Bottom 13% (218 out of 250)
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Umh
Symbol: UMH
Recent Price: $14.50
Average Analyst Price Target: $18.75 (24.14%)
Market Cap: $962.77M
Expected Ex-Dividend Date: Nov 14 2023
Expected Payment Date: Dec 15 2023
Expected Dividend & Yield: 5.62%
Recent Analyst Action: Michael Diana, analyst at Maxim Group, reiterates coverage on Umh (UMH) in the Real Estate sector with a Buy rating and a price target of $20 (2 days ago).
TipRanks.com also reports that Umh currently has 4 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $18.75 . The target pricing ranges from a high forecast of $20 down to a low forecast of $16. Umh (UMH)’s last closing price was $14.50 which would put the average price target at 24.14% upside.Here are 3rd party ratings for UMH:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Bottom 47% (132 out of 250)
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ACCO Brands
Symbol: ACCO
Recent Price: $4.79
Average Analyst Price Target: $8.67 (46.14%)
Market Cap: $454.69M
Expected Ex-Dividend Date: Nov 14 2023
Expected Payment Date: Dec 06 2023
Expected Dividend & Yield: 6.26%
Recent Analyst Action: Hamed Khorsand, analyst at BWS Financial, reiterates coverage on ACCO Brands (ACCO) in the Consumer Cyclical sector with a Hold rating and a price target of $6 (6 days ago).
TipRanks.com also reports that ACCO Brands currently has 3 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $8.67 . The target pricing ranges from a high forecast of $8 down to a low forecast of $12. ACCO Brands (ACCO)’s last closing price was $4.79 which would put the average price target at 46.14% upside.Here are 3rd party ratings for ACCO:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Sell, Top 38% (94 out of 250)
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Berry Petroleum
Symbol: BRY
Recent Price: $7.11
Average Analyst Price Target: $8.50 (26.58%)
Market Cap: $537.99M
Expected Ex-Dividend Date: Nov 14 2023
Expected Payment Date: Nov 29 2023
Expected Dividend & Yield: 17.30%
Recent Analyst Action: Mark Lear, analyst at Piper Sandler, reiterates coverage on Berry Petroleum (BRY) in the Energy sector with a Hold rating and a price target of $9 (2 months ago).
TipRanks.com also reports that Berry Petroleum currently has 2 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $8.50 . The target pricing ranges from a high forecast of $9 down to a low forecast of $8. Berry Petroleum (BRY)’s last closing price was $7.11 which would put the average price target at 26.58% upside.Here are 3rd party ratings for BRY:
- TipRanks.com: Hold
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Buy, Top 26% (64 out of 250)
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Fat Brands
Symbol: FAT
Recent Price: $6.43
Average Analyst Price Target: $20.00 (133.28%)
Market Cap: $105.98M
Expected Ex-Dividend Date: Nov 14 2023
Expected Payment Date: Dec 01 2023
Expected Dividend & Yield: 8.71%
Recent Analyst Action: Alton Stump, analyst at Loop Capital Markets, reiterates coverage on Fat Brands (FAT) in the Consumer Cyclical sector with a Buy rating and a price target of $15 (1 week ago).
TipRanks.com also reports that Fat Brands currently has 2 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $20.00 . The target pricing ranges from a high forecast of $25 down to a low forecast of $15. Fat Brands (FAT)’s last closing price was $6.43 which would put the average price target at 133.28% upside.Here are 3rd party ratings for FAT:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Buy, Top 30% (75 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.
The Editor, WallStreetSectors.com