Dear Reader,
We have identified several tech stocks which are expected to go “Ex-Dividend” starting November 15th, 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:
Enghouse Systems
Symbol: EGHSF
Recent Price: $22.85
Average Analyst Price Target: $28.76 (25.86%)
Market Cap: $1.26B
Expected Ex-Dividend Date: Nov 15 2022
Expected Payment Date: Nov 30 2022
Expected Dividend & Yield: 2.60%
Recent Analyst Action: Deepak Kaushal, analyst at BMO Capital, reiterates coverage on Enghouse Systems (EGHSF) in the Technology sector with a Buy rating and a price target of $ 32.72 (1 month ago).
TipRanks.com also reports that Enghouse Systems currently has 3 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $28.76 . The target pricing ranges from a high forecast of $32.72 down to a low forecast of $23.80. Enghouse Systems (EGHSF)’s last closing price was $$22.85 which would put the average price target at 25.86% upside.Here are 3rd party ratings for EGHSF:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a (possibly response change)
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: n/a, n/a
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Equinix
Symbol: EQIX
Recent Price: $654.94
Average Analyst Price Target: $703.33 (7.39%)
Market Cap: $59.96B
Expected Ex-Dividend Date: Nov 15 2022
Expected Payment Date: Dec 14 2022
Expected Dividend & Yield: 2.01%
Recent Analyst Action: Erik Rasmussen, analyst at Stifel Nicolaus, reiterates coverage on Equinix (EQIX) in the Technology sector with a Buy rating and a price target of $ 710 (1 week ago).
TipRanks.com also reports that Equinix currently has 15 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $703.33 . The target pricing ranges from a high forecast of $870.00 down to a low forecast of $591.00. Equinix (EQIX)’s last closing price was $$654.94 which would put the average price target at 7.39% upside.Here are 3rd party ratings for EQIX:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a (possibly response change)
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Top 28% (71 out of 252)
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Materion
Symbol: MTRN
Recent Price: $79.86
Average Analyst Price Target: $90.00 (12.70%)
Market Cap: $1.63B
Expected Ex-Dividend Date: Nov 15 2022
Expected Payment Date: Dec 08 2022
Expected Dividend & Yield: 0.65%
Recent Analyst Action: Philip Gibbs, analyst at KeyBanc, reiterates coverage on Materion (MTRN) in the Technology sector with a Buy rating and a price target of $ 90 (1 week ago).
TipRanks.com also reports that Materion currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $90.00 . The target pricing ranges from a high forecast of $90.00 down to a low forecast of $90.00. Materion (MTRN)’s last closing price was $$79.86 which would put the average price target at 12.70% upside.Here are 3rd party ratings for MTRN:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a (possibly response change)
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Strong Sell, Bottom 35% (165 out of 252)
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Spok Holdings
Symbol: SPOK
Recent Price: $8.65
Average Analyst Price Target: $15.00 (73.41%)
Market Cap: $169.45M
Expected Ex-Dividend Date: Nov 15 2022
Expected Payment Date: Dec 09 2022
Expected Dividend & Yield: 12.59%
Recent Analyst Action: Kyle Bauser, analyst at Lake Street, reiterates coverage on Spok Holdings (SPOK) in the Technology sector with a Buy rating and a price target of $ 15 (2 weeks ago).
TipRanks.com also reports that Spok Holdings currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $15.00 . The target pricing ranges from a high forecast of $15.00 down to a low forecast of $15.00. Spok Holdings (SPOK)’s last closing price was $$8.65 which would put the average price target at 73.41% upside.Here are 3rd party ratings for SPOK:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a (possibly response change)
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- 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.
