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:
Oracle
Symbol: ORCL
Recent Price: $71.87
Average Analyst Price Target: $87.40 (21.61%)
Market Cap: $191.53B
Expected Ex-Dividend Date: Jul 11 2022
Expected Payment Date: Jul 26 2022
Expected Dividend & Yield: 1.78%
Recent Analyst Action: Stefan Slowinski, analyst at BNP Paribas, reiterates coverage on Oracle (ORCL) in the Technology sector with a Buy rating and a price target of $ 90 (1 week ago).
TipRanks.com also reports that Oracle currently has 18 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $87.40 . 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 $$71.87 which would put the average price target at 21.61% upside.Here are 3rd party ratings for ORCL:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 41% (148 out of 251)
--------------------------------------------------------------------------
Accenture
Symbol: ACN
Recent Price: $279.07
Average Analyst Price Target: $337.07 (20.78%)
Market Cap: $176.53B
Expected Ex-Dividend Date: Jul 13 2022
Expected Payment Date: Aug 15 2022
Expected Dividend & Yield: 1.36%
Recent Analyst Action: Stefan Slowinski, analyst at BNP Paribas, reiterates coverage on Accenture (ACN) in the Technology sector with a Hold rating and a price target of $ 320 (1 week ago).
TipRanks.com also reports that Accenture currently has 14 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $337.07 . The target pricing ranges from a high forecast of $385.00 down to a low forecast of $302.00. Accenture (ACN)’s last closing price was $$279.07 which would put the average price target at 20.78% upside.Here are 3rd party ratings for ACN:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Top 14% (35 out of 251)
--------------------------------------------------------------------------
TD SYNNEX Corporation
Symbol: SNX
Recent Price: $92.65
Average Analyst Price Target: $127.00 (37.08%)
Market Cap: $8.90B
Expected Ex-Dividend Date: Jul 14 2022
Expected Payment Date: Jul 29 2022
Expected Dividend & Yield: 1.08%
Recent Analyst Action: Vincent Colicchio, analyst at Barrington, reiterates coverage on TD SYNNEX Corporation (SNX) in the Technology sector with a Buy rating and a price target of $ 106 (1 week ago).
TipRanks.com also reports that TD SYNNEX Corporation currently has 3 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $127.00 . The target pricing ranges from a high forecast of $150.00 down to a low forecast of $106.00. TD SYNNEX Corporation (SNX)’s last closing price was $$92.65 which would put the average price target at 37.08% upside.Here are 3rd party ratings for SNX:
- TipRanks.com: Strong Buy
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 19% (204 out of 251)
--------------------------------------------------------------------------
Shaw Communications
Symbol: SJR
Recent Price: $27.95
Average Analyst Price Target: $30.89 (10.52%)
Market Cap: $13.94B
Expected Ex-Dividend Date: Jul 14 2022
Expected Payment Date: Jul 28 2022
Expected Dividend & Yield: 3.35%
Recent Analyst Action: Maher Yaghi, analyst at Scotiabank, reiterates coverage on Shaw Communications (SJR) in the Technology sector with a Hold rating and a price target of $ 29.34 (1 week ago).
TipRanks.com also reports that Shaw Communications currently has 6 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $30.89 . The target pricing ranges from a high forecast of $31.27 down to a low forecast of $29.34. Shaw Communications (SJR)’s last closing price was $$27.95 which would put the average price target at 10.52% upside.Here are 3rd party ratings for SJR:
- TipRanks.com: Moderate Buy
- TradingView.com: Strong Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 43% (144 out of 251)
--------------------------------------------------------------------------
Science Applications
Symbol: SAIC
Recent Price: $93.42
Average Analyst Price Target: $110.25 (18.02%)
Market Cap: $5.20B
Expected Ex-Dividend Date: Jul 14 2022
Expected Payment Date: Jul 29 2022
Expected Dividend & Yield: 1.58%
Recent Analyst Action: Bert Subin, analyst at Stifel Nicolaus, reiterates coverage on Science Applications (SAIC) in the Technology sector with a Hold rating and a price target of $ 99 (1 month ago).
TipRanks.com also reports that Science Applications currently has 4 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $110.25 . The target pricing ranges from a high forecast of $127.00 down to a low forecast of $95.00. Science Applications (SAIC)’s last closing price was $$93.42 which would put the average price target at 18.02% upside.Here are 3rd party ratings for SAIC:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Top 36% (90 out of 251)
--------------------------------------------------------------------------
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.