Dear Reader,
We have identified several financial stocks which are expected to go “Ex-Dividend” starting soon.
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:
Angel Oak Mortgage
Symbol: AOMR
Recent AOMR Stock Price: $7.86
Average Analyst Price Target for AOMR Stock: $7.50 (-2.42%)
Market Cap for AOMR Stock: $194.31M
Expected Ex-Dividend Date for AOMR Stock: May 19 2023
Expected Payment Date for AOMR Stock: May 31 2023
Expected Dividend & Yield for AOMR Stock: 19.64%
Recent Analyst Action: Brock Vandervliet, analyst at UBS, reiterates coverage on Angel Oak Mortgage (AOMR) stock in the financial stock sector with a Hold rating and a price target of $ 7.5 (2 days ago).
TipRanks.com also reports that Angel Oak Mortgage currently has 3 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $7.50 . The target pricing ranges from a high forecast of $9.00 down to a low forecast of $6.50. Angel Oak Mortgage (AOMR)’s last closing price was $$7.86 which would put the average price target at -2.42% upside.Here are 3rd party ratings for AOMR stock:
- TipRanks.com: Hold
- TradingView.com: n/a (possibly response change)
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Strong Sell, Bottom 16% (211 out of 251)
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Phillips 66
Symbol: PSX
Recent PSX Stock Price: $94.79
Average Analyst Price Target for PSX Stock: $125.63 (32.54%)
Market Cap for PSX Stock: $42.16B
Expected Ex-Dividend Date for PSX Stock: May 19 2023
Expected Payment Date for PSX Stock: Jun 01 2023
Expected Dividend & Yield for PSX Stock: 4.20%
Recent Analyst Action: Neil Mehta, analyst at Goldman Sachs, reiterates coverage on Phillips 66 (PSX) stock in the financial stock sector with a Buy rating and a price target of $ 119 (5 days ago).
TipRanks.com also reports that Phillips 66 currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $125.63 . The target pricing ranges from a high forecast of $141.00 down to a low forecast of $118.00. Phillips 66 (PSX)’s last closing price was $$94.79 which would put the average price target at 32.54% upside.Here are 3rd party ratings for PSX stock:
- TipRanks.com: Strong Buy
- TradingView.com: n/a (possibly response change)
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Top 47% (117 out of 251)
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Portman Ridge Finance
Symbol: PTMN
Recent PTMN Stock Price: $20.93
Average Analyst Price Target for PTMN Stock: $21.50 (2.72%)
Market Cap for PTMN Stock: $195.15M
Expected Ex-Dividend Date for PTMN Stock: May 19 2023
Expected Payment Date for PTMN Stock: May 31 2023
Expected Dividend & Yield for PTMN Stock: 12.86%
Recent Analyst Action: Ryan Lynch, analyst at KBW, reiterates coverage on Portman Ridge Finance (PTMN) stock in the financial stock sector with a Hold rating and a price target of $ 21.5 (2 months ago).
TipRanks.com also reports that Portman Ridge Finance currently has 1 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $21.50 . The target pricing ranges from a high forecast of $21.50 down to a low forecast of $21.50. Portman Ridge Finance (PTMN)’s last closing price was $$20.93 which would put the average price target at 2.72% upside.Here are 3rd party ratings for PTMN stock:
- TipRanks.com: Hold
- TradingView.com: n/a (possibly response change)
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Buy, Top 46% (115 out of 251)
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Ryder System
Symbol: R
Recent R Stock Price: $80.97
Average Analyst Price Target for R Stock: $101.00 (22.06%)
Market Cap for R Stock: $3.69B
Expected Ex-Dividend Date for R Stock: May 19 2023
Expected Payment Date for R Stock: Jun 16 2023
Expected Dividend & Yield for R Stock: 3.00%
Recent Analyst Action: Jordan Alliger, analyst at Goldman Sachs, reiterates coverage on Ryder System (R) stock in the financial stock sector with a Buy rating and a price target of $ 109 (1 week ago).
TipRanks.com also reports that Ryder System currently has 8 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $101.00 . The target pricing ranges from a high forecast of $115.00 down to a low forecast of $80.00. Ryder System (R)’s last closing price was $$80.97 which would put the average price target at 22.06% upside.Here are 3rd party ratings for R stock:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a (possibly response change)
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 25% (187 out of 251)
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Vonovia
Symbol: VNNVF
Recent VNNVF Stock Price: $20.40
Average Analyst Price Target for VNNVF Stock: $33.05 (61.41%)
Market Cap for VNNVF Stock: $15.86B
Expected Ex-Dividend Date for VNNVF Stock: May 19 2023
Expected Payment Date for VNNVF Stock: May 23 2023
Expected Dividend & Yield for VNNVF Stock: 8.96%
Recent Analyst Action: Jonathan Kownator, analyst at Goldman Sachs, reiterates coverage on Vonovia (VNNVF) stock in the financial stock sector with a Buy rating and a price target of $ 41.53 (17 hours ago).
TipRanks.com also reports that Vonovia currently has 12 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $33.05 . The target pricing ranges from a high forecast of $43.76 down to a low forecast of $19.69. Vonovia (VNNVF)’s last closing price was $$20.40 which would put the average price target at 61.41% upside.Here are 3rd party ratings for VNNVF stock:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a (possibly response change)
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: n/a, n/a
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Highwoods Properties
Symbol: HIW
Recent HIW Stock Price: $20.62
Average Analyst Price Target for HIW Stock: $27.17 (31.77%)
Market Cap for HIW Stock: $2.12B
Expected Ex-Dividend Date for HIW Stock: May 19 2023
Expected Payment Date for HIW Stock: Jun 13 2023
Expected Dividend & Yield for HIW Stock: 9.65%
Recent Analyst Action: Emmanuel Korchman, analyst at Citigroup, reiterates coverage on Highwoods Properties (HIW) stock in the financial stock sector with a Hold rating and a price target of $ 22 (1 week ago).
TipRanks.com also reports that Highwoods Properties currently has 7 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $27.17 . The target pricing ranges from a high forecast of $35.00 down to a low forecast of $22.00. Highwoods Properties (HIW)’s last closing price was $$20.62 which would put the average price target at 31.77% upside.Here are 3rd party ratings for HIW stock:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a (possibly response change)
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 28% (180 out of 251)
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Dynex Capital
Symbol: DX
Recent DX Stock Price: $10.99
Average Analyst Price Target for DX Stock: $14.25 (29.66%)
Market Cap for DX Stock: $583.34M
Expected Ex-Dividend Date for DX Stock: Apr 20 2023
Expected Payment Date for DX Stock: May 01 2023
Expected Dividend & Yield for DX Stock: 14.17%
Recent Analyst Action: Bose George, analyst at KBW, reiterates coverage on Dynex Capital (DX) stock in the financial stock sector with a Buy rating and a price target of $ 13.5 (3 weeks ago).
TipRanks.com also reports that Dynex Capital currently has 2 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $14.25 . The target pricing ranges from a high forecast of $15.00 down to a low forecast of $13.50. Dynex Capital (DX)’s last closing price was $$10.99 which would put the average price target at 29.66% upside.Here are 3rd party ratings for DX stock:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a (possibly response change)
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: n/a, 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, FinancialMarketMovers.com
FinancialMarketMovers.com keeps investors informed of the top moving stocks within each sector including Health & Biotech, Technology, Energy, Metals & Mining, Financial, Consumer, Communication Services and more. We provide investors with timely information regarding top moving stocks that is sourced from our proprietary stocks screens, partner stock analysts and breaking news that identify and monitor stocks that are on the move. Join thousands of investors who already signed up for our free subscription to FinancialMarketMovers.com.