Dear Reader,
We have identified several tech stocks which are expected to go “Ex-Dividend” starting Feb 10th, 2023.
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:
Apple
Symbol: AAPL
Recent Price: $154.65
Average Analyst Price Target: $173.04 (11.89%)
Market Cap: $2.44T
Expected Ex-Dividend Date: Feb 10 2023
Expected Payment Date: Feb 16 2023
Expected Dividend & Yield: 0.59%
Recent Analyst Action: Adrienne Yih, analyst at Barclays, reiterates coverage on Apple (AAPL) in the Technology sector with a Hold rating and a price target of $ 145 (1 day ago).
TipRanks.com also reports that Apple currently has 29 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $173.04 . The target pricing ranges from a high forecast of $210.00 down to a low forecast of $125.00. Apple (AAPL)’s last closing price was $$154.65 which would put the average price target at 11.89% upside.Here are 3rd party ratings for AAPL:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Hold, Bottom 11% (222 out of 250)
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KLA
Symbol: KLAC
Recent Price: $416.83
Average Analyst Price Target: $437.87 (5.05%)
Market Cap: $56.54B
Expected Ex-Dividend Date: Feb 10 2023
Expected Payment Date: Mar 01 2023
Expected Dividend & Yield: 1.15%
Recent Analyst Action: Atif Malik, analyst at Citigroup, reiterates coverage on KLA (KLAC) in the Technology sector with a Buy rating and a price target of $ 480 (1 day ago).
TipRanks.com also reports that KLA currently has 15 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $437.87 . The target pricing ranges from a high forecast of $505.00 down to a low forecast of $325.00. KLA (KLAC)’s last closing price was $$416.83 which would put the average price target at 5.05% upside.Here are 3rd party ratings for KLAC:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Buy, Top 24% (61 out of 250)
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National Instruments
Symbol: NATI
Recent Price: $53.7
Average Analyst Price Target: $58.00 (8.01%)
Market Cap: $6.99B
Expected Ex-Dividend Date: Feb 10 2023
Expected Payment Date: Mar 06 2023
Expected Dividend & Yield: 2.09%
Recent Analyst Action: Mehdi Hosseini, analyst at Susquehanna, reiterates coverage on National Instruments (NATI) in the Technology sector with a Buy rating and a price target of $ 70 (6 days ago).
TipRanks.com also reports that National Instruments currently has 4 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $58.00 . The target pricing ranges from a high forecast of $70.00 down to a low forecast of $52.00. National Instruments (NATI)’s last closing price was $$53.7 which would put the average price target at 8.01% upside.Here are 3rd party ratings for NATI:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Bottom 35% (163 out of 250)
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Ubiquiti Networks
Symbol: UI
Recent Price: $282.42
Average Analyst Price Target: $266.00 (-5.81%)
Market Cap: $17.16B
Expected Ex-Dividend Date: Feb 10 2023
Expected Payment Date: Feb 21 2023
Expected Dividend & Yield: 0.84%
Recent Analyst Action: Tim Long, analyst at Barclays, reiterates coverage on Ubiquiti Networks (UI) in the Technology sector with a Sell rating and a price target of $ 266 (1 day ago).
TipRanks.com also reports that Ubiquiti Networks currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Sell rating with an average price target is $266.00 . The target pricing ranges from a high forecast of $266.00 down to a low forecast of $266.00. Ubiquiti Networks (UI)’s last closing price was $$282.42 which would put the average price target at -5.81% upside.Here are 3rd party ratings for UI:
- TipRanks.com: Moderate Sell
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Bottom 35% (163 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.
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.
