Dear Reader,
We have identified several tech stocks which are expected to go “Ex-Dividend” starting today.
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:
InterDigital
Symbol: IDCC
Recent Price: $47.22
Average Analyst Price Target: $60.00 (27.06%)
Market Cap: $1.40B
Expected Ex-Dividend Date: Oct 11 2022
Expected Payment Date: Oct 26 2022
Expected Dividend & Yield: 2.97%
Recent Analyst Action: Tal Liani, analyst at Bank of America Securities, reiterates coverage on InterDigital (IDCC) in the Technology sector with a Sell rating and a price target of $ 60 (2 months ago).
TipRanks.com also reports that InterDigital currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Sell rating with an average price target is $60.00 . The target pricing ranges from a high forecast of $60.00 down to a low forecast of $60.00. InterDigital (IDCC)’s last closing price was $$47.22 which would put the average price target at 27.06% upside.Here are 3rd party ratings for IDCC:
- TipRanks.com: Moderate Sell
- TradingView.com: Neutral
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Strong Buy, Top 18% (44 out of 251)
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Oracle
Symbol: ORCL
Recent Price: $63.29
Average Analyst Price Target: $90.05 (42.28%)
Market Cap: $176.03B
Expected Ex-Dividend Date: Oct 11 2022
Expected Payment Date: Oct 25 2022
Expected Dividend & Yield: 1.92%
Recent Analyst Action: Stephen Bersey, analyst at Daiwa, reiterates coverage on Oracle (ORCL) in the Technology sector with a Hold rating and a price target of $ 72 (2 weeks ago).
TipRanks.com also reports that Oracle currently has 20 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $90.05 . The target pricing ranges from a high forecast of $115.00 down to a low forecast of $70.00. Oracle (ORCL)’s last closing price was $$63.29 which would put the average price target at 42.28% upside.Here are 3rd party ratings for ORCL:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Sell, Bottom 46% (135 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, 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.
