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:
Independent Bank Group
Symbol: IBTX
Recent IBTX Stock Price: $70.76
Average Analyst Price Target for IBTX Stock: $80.50 (13.76%)
Market Cap for IBTX Stock: $2.98B
Expected Ex-Dividend Date for IBTX Stock: Aug 03 2022
Expected Payment Date for IBTX Stock: Aug 18 2022
Expected Dividend & Yield for IBTX Stock: 2.05%
Recent Analyst Action: John Pancari, analyst at Evercore ISI, reiterates coverage on Independent Bank Group (IBTX) stock in the financial stock sector with a Buy rating and a price target of $ 81 (23 hours ago).
TipRanks.com also reports that Independent Bank Group currently has 2 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $80.50 . The target pricing ranges from a high forecast of $81.00 down to a low forecast of $80.00. Independent Bank Group (IBTX)’s last closing price was $$70.76 which would put the average price target at 13.76% upside.Here are 3rd party ratings for IBTX stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Top 6% (16 out of 252)
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SouthState Corporation
Symbol: SSB
Recent SSB Stock Price: $82.6
Average Analyst Price Target for SSB Stock: $97.33 (17.83%)
Market Cap for SSB Stock: $6.16B
Expected Ex-Dividend Date for SSB Stock: Aug 11 2022
Expected Payment Date for SSB Stock: Aug 19 2022
Expected Dividend & Yield for SSB Stock: 2.36%
Recent Analyst Action: Jennifer Demba, analyst at Truist Financial, reiterates coverage on SouthState Corporation (SSB) stock in the financial stock sector with a Buy rating and a price target of $ 97 (2 days ago).
TipRanks.com also reports that SouthState Corporation currently has 3 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $97.33 . The target pricing ranges from a high forecast of $100.00 down to a low forecast of $95.00. SouthState Corporation (SSB)’s last closing price was $$82.6 which would put the average price target at 17.83% upside.Here are 3rd party ratings for SSB stock:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Strong Buy, Top 6% (16 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, 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.