Dear Reader,
We have identified several tech stocks which are expected to go “Ex-Dividend” starting November 18th, 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:
Advanced Energy
Symbol: AEIS
Recent Price: $93.28
Average Analyst Price Target: $87.67 (-6.01%)
Market Cap: $3.45B
Expected Ex-Dividend Date: Nov 18 2022
Expected Payment Date: Dec 02 2022
Expected Dividend & Yield: 0.43%
Recent Analyst Action: Atif Malik, analyst at Citigroup, reiterates coverage on Advanced Energy (AEIS) in the Technology sector with a Buy rating and a price target of $ 95 (1 week ago).
TipRanks.com also reports that Advanced Energy currently has 6 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $87.67 . The target pricing ranges from a high forecast of $95.00 down to a low forecast of $68.00. Advanced Energy (AEIS)’s last closing price was $$93.28 which would put the average price target at -6.01% upside.Here are 3rd party ratings for AEIS:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a (possibly response change)
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Hold, Bottom 16% (212 out of 252)
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Gen Digital
Symbol: GEN
Recent Price: $22.24
Average Analyst Price Target: $25.67 (15.42%)
Market Cap: $14.94B
Expected Ex-Dividend Date: Nov 18 2022
Expected Payment Date: Dec 14 2022
Expected Dividend & Yield: 2.18%
Recent Analyst Action: Matthew Hedberg, analyst at RBC Capital, reiterates coverage on Gen Digital (GEN) in the Technology sector with a Hold rating and a price target of $ 26 (6 days ago).
TipRanks.com also reports that Gen Digital currently has 3 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $25.67 . The target pricing ranges from a high forecast of $26.00 down to a low forecast of $25.00. Gen Digital (GEN)’s last closing price was $$22.24 which would put the average price target at 15.42% upside.Here are 3rd party ratings for GEN:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a (possibly response change)
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Buy, Top 29% (74 out of 252)
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Singapore Telecommunications
Symbol: SNGNF
Recent Price: $2
Average Analyst Price Target: $2.34 (17.00%)
Market Cap: $32.34B
Expected Ex-Dividend Date: Nov 18 2022
Expected Payment Date: Dec 09 2022
Expected Dividend & Yield: 3.54%
Recent Analyst Action: Ranjan Sharma, analyst at J.P. Morgan, reiterates coverage on Singapore Telecommunications (SNGNF) in the Technology sector with a Buy rating and a price target of $ 2.33 (1 day ago).
TipRanks.com also reports that Singapore Telecommunications currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $2.34 . The target pricing ranges from a high forecast of $2.51 down to a low forecast of $2.19. Singapore Telecommunications (SNGNF)’s last closing price was $$2 which would put the average price target at 17.00% upside.Here are 3rd party ratings for SNGNF:
- TipRanks.com: Strong Buy
- TradingView.com: n/a (possibly response change)
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: 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.
