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:
Enghouse Systems
Symbol: EGHSF
Recent Price: $23.33
Average Analyst Price Target: $28.99 (24.26%)
Market Cap: $1.27B
Expected Ex-Dividend Date: Aug 16 2022
Expected Payment Date: Aug 31 2022
Expected Dividend & Yield: 2.31%
Recent Analyst Action: Daniel Chan, analyst at TD Securities, reiterates coverage on Enghouse Systems (EGHSF) in the Technology sector with a Buy rating and a price target of $ 26.82 (4 weeks 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 $28.99 . The target pricing ranges from a high forecast of $34.49 down to a low forecast of $25.67. Enghouse Systems (EGHSF)’s last closing price was $$23.33 which would put the average price target at 24.26% upside.Here are 3rd party ratings for EGHSF:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: n/a
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Fabasoft AG
Symbol: FBSFF
Recent Price: $28.3
Average Analyst Price Target: $32.59 (15.16%)
Market Cap: $228.57M
Expected Ex-Dividend Date: Jul 07 2022
Expected Payment Date: Jul 13 2022
Expected Dividend & Yield: 3.62%
Recent Analyst Action: Felix Ellmann, analyst at Warburg Research, reiterates coverage on Fabasoft AG (FBSFF) in the Technology sector with a Buy rating and a price target of $ 32.59 (4 weeks ago).
TipRanks.com also reports that Fabasoft AG currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $32.59 . The target pricing ranges from a high forecast of $32.59 down to a low forecast of $32.59. Fabasoft AG (FBSFF)’s last closing price was $$28.3 which would put the average price target at 15.16% upside.Here are 3rd party ratings for FBSFF:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: n/a
- Zacks.com: n/a,
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Marvell
Symbol: MRVL
Recent Price: $46.6
Average Analyst Price Target: $82.28 (76.57%)
Market Cap: $37.24B
Expected Ex-Dividend Date: Jul 07 2022
Expected Payment Date: Jul 27 2022
Expected Dividend & Yield: 0.56%
Recent Analyst Action: Quinn Bolton, analyst at Needham, reiterates coverage on Marvell (MRVL) in the Technology sector with a Buy rating and a price target of $ 66 (3 days ago).
TipRanks.com also reports that Marvell currently has 18 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $82.28 . The target pricing ranges from a high forecast of $125.00 down to a low forecast of $60.00. Marvell (MRVL)’s last closing price was $$46.6 which would put the average price target at 76.57% upside.Here are 3rd party ratings for MRVL:
- TipRanks.com: Strong Buy
- TradingView.com: Sell
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 37% (156 out of 251)
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NetApp
Symbol: NTAP
Recent Price: $64.79
Average Analyst Price Target: $87.43 (34.94%)
Market Cap: $14.01B
Expected Ex-Dividend Date: Jul 07 2022
Expected Payment Date: Jul 27 2022
Expected Dividend & Yield: 3.11%
Recent Analyst Action: Rod Hall, analyst at Goldman Sachs, reiterates coverage on NetApp (NTAP) in the Technology sector with a Sell rating and a price target of $ 60 (2 days ago).
TipRanks.com also reports that NetApp currently has 14 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $87.43 . The target pricing ranges from a high forecast of $120.00 down to a low forecast of $60.00. NetApp (NTAP)’s last closing price was $$64.79 which would put the average price target at 34.94% upside.Here are 3rd party ratings for NTAP:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 13% (217 out of 251)
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Roper Technologies
Symbol: ROP
Recent Price: $402.39
Average Analyst Price Target: $481.63 (19.69%)
Market Cap: $42.87B
Expected Ex-Dividend Date: Jul 07 2022
Expected Payment Date: Jul 22 2022
Expected Dividend & Yield: 0.59%
Recent Analyst Action: Unknown Analyst, analyst at Goldman Sachs, reiterates coverage on Roper Technologies (ROP) in the Technology sector with a Hold rating and a price target of $ 412 (2 weeks ago).
TipRanks.com also reports that Roper Technologies currently has 8 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $481.63 . The target pricing ranges from a high forecast of $565.00 down to a low forecast of $390.00. Roper Technologies (ROP)’s last closing price was $$402.39 which would put the average price target at 19.69% upside.Here are 3rd party ratings for ROP:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Buy, Top 37% (92 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.