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:
CDW
Symbol: CDW
Recent Price: $184.4
Average Analyst Price Target: n/a (10.63%)
Market Cap: $25.00B
Expected Ex-Dividend Date: Aug 24 2022
Expected Payment Date: Sep 09 2022
Expected Dividend & Yield: 1.03%
Recent Analyst Action: Shannon Cross, analyst at Credit Suisse, reiterates coverage on CDW (CDW) in the Technology sector with a Buy rating and a price target of $ 202 (1 week ago).
TipRanks.com also reports that CDW currently has 3 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $204.00 . The target pricing ranges from a high forecast of $210.00 down to a low forecast of $200.00. CDW (CDW)’s last closing price was $$184.4 which would put the average price target at 10.63% upside.Here are 3rd party ratings for CDW:
- TipRanks.com: Strong Buy
- TradingView.com: n/a
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Hold, Bottom 46% (137 out of 252)
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Skyworks Solutions
Symbol: SWKS
Recent Price: $104.49
Average Analyst Price Target: $132.60 (26.90%)
Market Cap: $16.76B
Expected Ex-Dividend Date: Aug 24 2022
Expected Payment Date: Sep 15 2022
Expected Dividend & Yield: 2.16%
Recent Analyst Action: Christopher Rolland, analyst at Susquehanna, reiterates coverage on Skyworks Solutions (SWKS) in the Technology sector with a Hold rating and a price target of $ 120 (2 weeks ago).
TipRanks.com also reports that Skyworks Solutions currently has 16 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $132.60 . The target pricing ranges from a high forecast of $190.00 down to a low forecast of $97.00. Skyworks Solutions (SWKS)’s last closing price was $$104.49 which would put the average price target at 26.90% upside.Here are 3rd party ratings for SWKS:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Bottom 33% (170 out of 252)
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Telstra Corporation Limited
Symbol: TTRAF
Recent Price: $2.871
Average Analyst Price Target: $2.98 (4.51%)
Market Cap: $32.89B
Expected Ex-Dividend Date: Aug 24 2022
Expected Payment Date: Sep 22 2022
Expected Dividend & Yield: 4.19%
Recent Analyst Action: Unknown Analyst, analyst at Ord Minnett, reiterates coverage on Telstra Corporation Limited (TTRAF) in the Technology sector with a Buy rating and a price target of $ 3.19 (21 minutes ago).
TipRanks.com also reports that Telstra Corporation Limited currently has 6 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $2.98 . The target pricing ranges from a high forecast of $3.18 down to a low forecast of $2.62. Telstra Corporation Limited (TTRAF)’s last closing price was $$2.871 which would put the average price target at 4.51% upside.Here are 3rd party ratings for TTRAF:
- 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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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.
