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:
Jabil Circuit
Symbol: JBL
Recent Price: $61.73
Average Analyst Price Target: $74.50 (20.69%)
Market Cap: $8.40B
Expected Ex-Dividend Date: Aug 12 2022
Expected Payment Date: Sep 02 2022
Expected Dividend & Yield: 0.54%
Recent Analyst Action: Jim Suva, analyst at Citigroup, reiterates coverage on Jabil Circuit (JBL) in the Technology sector with a Buy rating and a price target of $ 80 (1 month ago).
TipRanks.com also reports that Jabil Circuit currently has 2 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $74.50 . The target pricing ranges from a high forecast of $80.00 down to a low forecast of $69.00. Jabil Circuit (JBL)’s last closing price was $$61.73 which would put the average price target at 20.69% upside.Here are 3rd party ratings for JBL:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Hold, Top 8% (20 out of 252)
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KLA
Symbol: KLAC
Recent Price: $372.75
Average Analyst Price Target: $401.94 (7.83%)
Market Cap: $55.89B
Expected Ex-Dividend Date: Aug 12 2022
Expected Payment Date: Sep 01 2022
Expected Dividend & Yield: 1.17%
Recent Analyst Action: Atif Malik, analyst at Citigroup, reiterates coverage on KLA (KLAC) in the Technology sector with a Buy rating and a price target of $ 440 (1 week ago).
TipRanks.com also reports that KLA currently has 17 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $401.94 . The target pricing ranges from a high forecast of $525.00 down to a low forecast of $325.00. KLA (KLAC)’s last closing price was $$372.75 which would put the average price target at 7.83% upside.Here are 3rd party ratings for KLAC:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Hold, Bottom 17% (210 out of 252)
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Shaw Communications
Symbol: SJR
Recent Price: $27.05
Average Analyst Price Target: $31.19 (15.30%)
Market Cap: $13.52B
Expected Ex-Dividend Date: Dec 14 2022
Expected Payment Date: Dec 29 2022
Expected Dividend & Yield: 3.51%
Recent Analyst Action: Drew Mcreynolds, analyst at RBC Capital, reiterates coverage on Shaw Communications (SJR) in the Technology sector with a Buy rating and a price target of $ 31.68 (1 month ago).
TipRanks.com also reports that Shaw Communications currently has 4 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $31.19 . The target pricing ranges from a high forecast of $31.68 down to a low forecast of $29.73. Shaw Communications (SJR)’s last closing price was $$27.05 which would put the average price target at 15.30% upside.Here are 3rd party ratings for SJR:
- TipRanks.com: Strong Buy
- TradingView.com: Neutral
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Top 24% (61 out of 252)
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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.
