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:
City Office REIT
Symbol: CIO
Recent CIO Stock Price: $12.72
Average Analyst Price Target for CIO Stock: $18.50 (45.44%)
Market Cap for CIO Stock: $558.80M
Expected Ex-Dividend Date for CIO Stock: Jul 07 2022
Expected Payment Date for CIO Stock: Jul 22 2022
Expected Dividend & Yield for CIO Stock: 5.33%
Recent Analyst Action: Craig Kucera, analyst at B.Riley Financial, reiterates coverage on City Office REIT (CIO) stock in the financial stock sector with a Buy rating and a price target of $ 20 (1 month ago).
TipRanks.com also reports that City Office REIT currently has 4 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $18.50 . The target pricing ranges from a high forecast of $20.00 down to a low forecast of $18.00. City Office REIT (CIO)’s last closing price was $$12.72 which would put the average price target at 45.44% upside.Here are 3rd party ratings for CIO stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Buy, Top 36% (89 out of 251)
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Horizon Bancorp
Symbol: HBNC
Recent HBNC Stock Price: $17.42
Average Analyst Price Target for HBNC Stock: $23.00 (32.03%)
Market Cap for HBNC Stock: $776.47M
Expected Ex-Dividend Date for HBNC Stock: Jul 07 2022
Expected Payment Date for HBNC Stock: Jul 22 2022
Expected Dividend & Yield for HBNC Stock: 3.28%
Recent Analyst Action: David Long, analyst at Raymond James, reiterates coverage on Horizon Bancorp (HBNC) stock in the financial stock sector with a Buy rating and a price target of $ 22 (1 day ago).
TipRanks.com also reports that Horizon Bancorp currently has 2 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $23.00 . The target pricing ranges from a high forecast of $24.00 down to a low forecast of $22.00. Horizon Bancorp (HBNC)’s last closing price was $$17.42 which would put the average price target at 32.03% upside.Here are 3rd party ratings for HBNC stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Top 14% (36 out of 251)
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Kite Realty Group
Symbol: KRG
Recent KRG Stock Price: $17.56
Average Analyst Price Target for KRG Stock: $24.00 (36.67%)
Market Cap for KRG Stock: $3.83B
Expected Ex-Dividend Date for KRG Stock: Jul 07 2022
Expected Payment Date for KRG Stock: Jul 15 2022
Expected Dividend & Yield for KRG Stock: 4.24%
Recent Analyst Action: Linda Tsai, analyst at Jefferies, reiterates coverage on Kite Realty Group (KRG) stock in the financial stock sector with a Hold rating and a price target of $ 20 (1 week ago).
TipRanks.com also reports that Kite Realty Group currently has 3 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $24.00 . The target pricing ranges from a high forecast of $27.00 down to a low forecast of $20.00. Kite Realty Group (KRG)’s last closing price was $$17.56 which would put the average price target at 36.67% upside.Here are 3rd party ratings for KRG stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Buy, Top 33% (83 out of 251)
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Manhattan Bridge Capital
Symbol: LOAN
Recent LOAN Stock Price: $5.55
Average Analyst Price Target for LOAN Stock: $7.00 (26.13%)
Market Cap for LOAN Stock: $63.91M
Expected Ex-Dividend Date for LOAN Stock: Jul 07 2022
Expected Payment Date for LOAN Stock: Jul 15 2022
Expected Dividend & Yield for LOAN Stock: 8.93%
Recent Analyst Action: Michael Diana, analyst at Maxim Group, reiterates coverage on Manhattan Bridge Capital (LOAN) stock in the financial stock sector with a Buy rating and a price target of $ 7 (2 months ago).
TipRanks.com also reports that Manhattan Bridge Capital currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $7.00 . The target pricing ranges from a high forecast of $7.00 down to a low forecast of $7.00. Manhattan Bridge Capital (LOAN)’s last closing price was $$5.55 which would put the average price target at 26.13% upside.Here are 3rd party ratings for LOAN stock:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: n/a
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Riverview Bancorp
Symbol: RVSB
Recent RVSB Stock Price: $6.33
Average Analyst Price Target for RVSB Stock: $8.00 (26.38%)
Market Cap for RVSB Stock: $143.84M
Expected Ex-Dividend Date for RVSB Stock: Jul 07 2022
Expected Payment Date for RVSB Stock: Jul 21 2022
Expected Dividend & Yield for RVSB Stock: 3.23%
Recent Analyst Action: David Feaster, analyst at Raymond James, reiterates coverage on Riverview Bancorp (RVSB) stock in the financial stock sector with a Buy rating and a price target of $ 8 (2 months ago).
TipRanks.com also reports that Riverview Bancorp currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $8.00 . The target pricing ranges from a high forecast of $8.00 down to a low forecast of $8.00. Riverview Bancorp (RVSB)’s last closing price was $$6.33 which would put the average price target at 26.38% upside.Here are 3rd party ratings for RVSB stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Top 39% (96 out of 251)
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Versabank
Symbol: VBNK
Recent VBNK Stock Price: $7.17
Average Analyst Price Target for VBNK Stock: $13.00 (81.31%)
Market Cap for VBNK Stock: $197.46M
Expected Ex-Dividend Date for VBNK Stock: Jul 07 2022
Expected Payment Date for VBNK Stock: Jul 31 2022
Expected Dividend & Yield for VBNK Stock: 1.12%
Recent Analyst Action: William Wallace, analyst at Raymond James, reiterates coverage on Versabank (VBNK) stock in the financial stock sector with a Buy rating and a price target of $ 13 (1 month ago).
TipRanks.com also reports that Versabank currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $13.00 . The target pricing ranges from a high forecast of $13.00 down to a low forecast of $13.00. Versabank (VBNK)’s last closing price was $$7.17 which would put the average price target at 81.31% upside.Here are 3rd party ratings for VBNK stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Sell, Top 27% (66 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, 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.