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:
Dime Community Bancshares
Symbol: DCOM
Recent DCOM Stock Price: $29.8
Average Analyst Price Target for DCOM Stock: $35.17 (18.02%)
Market Cap for DCOM Stock: $1.15B
Expected Ex-Dividend Date for DCOM Stock: Jul 15 2022
Expected Payment Date for DCOM Stock: Jul 25 2022
Expected Dividend & Yield for DCOM Stock: 3.16%
Recent Analyst Action: William Wallace, analyst at Raymond James, reiterates coverage on Dime Community Bancshares (DCOM) stock in the financial stock sector with a Buy rating and a price target of $ 34 (1 week ago).
TipRanks.com also reports that Dime Community Bancshares currently has 3 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $35.17 . The target pricing ranges from a high forecast of $37.00 down to a low forecast of $34.00. Dime Community Bancshares (DCOM)’s last closing price was $$29.8 which would put the average price target at 18.02% upside.Here are 3rd party ratings for DCOM stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Buy, Top 14% (34 out of 251)
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First United
Symbol: FUNC
Recent FUNC Stock Price: $17.16
Average Analyst Price Target for FUNC Stock: $25.00 (45.69%)
Market Cap for FUNC Stock: $115.57M
Expected Ex-Dividend Date for FUNC Stock: Jul 15 2022
Expected Payment Date for FUNC Stock: Aug 01 2022
Expected Dividend & Yield for FUNC Stock: 3.40%
Recent Analyst Action: William Wallace, analyst at Raymond James, reiterates coverage on First United (FUNC) stock in the financial stock sector with a Buy rating and a price target of $ 25 (1 week ago).
TipRanks.com also reports that First United currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $25.00 . The target pricing ranges from a high forecast of $25.00 down to a low forecast of $25.00. First United (FUNC)’s last closing price was $$17.16 which would put the average price target at 45.69% upside.Here are 3rd party ratings for FUNC stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Strong Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Top 14% (34 out of 251)
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Medalist Diversified REIT
Symbol: MDRR
Recent MDRR Stock Price: $0.86
Average Analyst Price Target for MDRR Stock: $2.25 (161.63%)
Market Cap for MDRR Stock: $15.56M
Expected Ex-Dividend Date for MDRR Stock: Jul 15 2022
Expected Payment Date for MDRR Stock: Jul 21 2022
Expected Dividend & Yield for MDRR Stock: 8.76%
Recent Analyst Action: Brian Hollendan, analyst at Aegis Capital, reiterates coverage on Medalist Diversified REIT (MDRR) stock in the financial stock sector with a Buy rating and a price target of $ 2.25 (1 month ago).
TipRanks.com also reports that Medalist Diversified REIT currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $2.25 . The target pricing ranges from a high forecast of $2.25 down to a low forecast of $2.25. Medalist Diversified REIT (MDRR)’s last closing price was $$0.86 which would put the average price target at 161.63% upside.Here are 3rd party ratings for MDRR stock:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: n/a, n/a
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Pennantpark Floating Rate
Symbol: PFLT
Recent PFLT Stock Price: $11.91
Average Analyst Price Target for PFLT Stock: $13.50 (13.35%)
Market Cap for PFLT Stock: $495.34M
Expected Ex-Dividend Date for PFLT Stock: Jul 15 2022
Expected Payment Date for PFLT Stock: Aug 01 2022
Expected Dividend & Yield for PFLT Stock: 9.42%
Recent Analyst Action: Devin Ryan, analyst at JMP Securities, reiterates coverage on Pennantpark Floating Rate (PFLT) stock in the financial stock sector with a Buy rating and a price target of $ 13.5 (2 months ago).
TipRanks.com also reports that Pennantpark Floating Rate currently has 2 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $13.50 . The target pricing ranges from a high forecast of $13.50 down to a low forecast of $13.50. Pennantpark Floating Rate (PFLT)’s last closing price was $$11.91 which would put the average price target at 13.35% upside.Here are 3rd party ratings for PFLT stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Bottom 7% (232 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.