Dear Reader,
We have identified several tech stocks which are expected to go “Ex-Dividend” starting September 13th, 2022.
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:
Avnet
Symbol: AVT
Recent Price: $42.7
Average Analyst Price Target: $46.33 (7.14%)
Market Cap: $4.03B
Expected Ex-Dividend Date: Sep 13 2022
Expected Payment Date: Sep 28 2022
Expected Dividend & Yield: 2.41%
Recent Analyst Action: Matthew Sheerin, analyst at Stifel Nicolaus, reiterates coverage on Avnet (AVT) in the Technology sector with a Hold rating and a price target of $ 48 (4 weeks ago).
TipRanks.com also reports that Avnet currently has 6 analysts offering 12-month price targets and the consensus is a Moderate Sell rating with an average price target is $46.33 . The target pricing ranges from a high forecast of $50.00 down to a low forecast of $43.00. Avnet (AVT)’s last closing price was $$42.7 which would put the average price target at 7.14% upside.Here are 3rd party ratings for AVT:
- TipRanks.com: Moderate Sell
- TradingView.com: n/a
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Top 22% (56 out of 251)
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HP
Symbol: HPQ
Recent Price: $28.26
Average Analyst Price Target: $30.75 (8.81%)
Market Cap: $27.66B
Expected Ex-Dividend Date: Sep 13 2022
Expected Payment Date: Oct 05 2022
Expected Dividend & Yield: 3.44%
Recent Analyst Action: Ananda Baruah, analyst at Loop Capital Markets, reiterates coverage on HP (HPQ) in the Technology sector with a Hold rating and a price target of $ 29 (1 week ago).
TipRanks.com also reports that HP currently has 12 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $30.75 . The target pricing ranges from a high forecast of $36.00 down to a low forecast of $25.00. HP (HPQ)’s last closing price was $$28.26 which would put the average price target at 8.81% upside.Here are 3rd party ratings for HPQ:
- TipRanks.com: Hold
- TradingView.com: n/a
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Sell, Bottom 12% (219 out of 251)
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TPG Telecom Limited
Symbol: TPGTF
Recent Price: $4
Average Analyst Price Target: $4.42 (10.50%)
Market Cap: $6.57B
Expected Ex-Dividend Date: Sep 13 2022
Expected Payment Date: Oct 12 2022
Expected Dividend & Yield:
Recent Analyst Action: Unknown Analyst, analyst at Macquarie, reiterates coverage on TPG Telecom Limited (TPGTF) in the Technology sector with a Hold rating and a price target of $ 3.67 (2 days ago).
TipRanks.com also reports that TPG Telecom Limited currently has 7 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $4.42 . The target pricing ranges from a high forecast of $5.23 down to a low forecast of $3.67. TPG Telecom Limited (TPGTF)’s last closing price was $$4 which would put the average price target at 10.50% upside.Here are 3rd party ratings for TPGTF:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: n/a
- Zacks.com: n/a, n/a
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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, techstockmovers.com
TechStockMovers.com keeps investors informed on a variety of tech stocks including communications equipment, IT Services, Semiconductors, Software, Technical hardware, storage and peripherals, artificial intelligence (AI), cybersecurity and more. (TSM) aggregates market data from top tier financial content providers like Barchart.com, Tipranks.com, TradingView.com, Yahoo! Finance, and Zacks.com.
