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:
Equinix
Symbol: EQIX
Recent EQIX Stock Price: $712.04
Average Analyst Price Target for EQIX Stock: $771.08 (8.29%)
Market Cap for EQIX Stock: $65.10B
Expected Ex-Dividend Date for EQIX Stock: Aug 16 2022
Expected Payment Date for EQIX Stock: Sep 21 2022
Expected Dividend & Yield for EQIX Stock: 1.69%
Recent Analyst Action: Unknown Analyst, analyst at Argus Research, reiterates coverage on Equinix (EQIX) stock in the financial stock sector with a Buy rating and a price target of $ 780 (5 days ago).
TipRanks.com also reports that Equinix currently has 12 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $771.08 . The target pricing ranges from a high forecast of $850.00 down to a low forecast of $716.00. Equinix (EQIX)’s last closing price was $$712.04 which would put the average price target at 8.29% upside.Here are 3rd party ratings for EQIX stock:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Top 26% (65 out of 252)
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LPL Financial
Symbol: LPLA
Recent LPLA Stock Price: $229.13
Average Analyst Price Target for LPLA Stock: $234.60 (2.39%)
Market Cap for LPLA Stock: $18.07B
Expected Ex-Dividend Date for LPLA Stock: Aug 16 2022
Expected Payment Date for LPLA Stock: Aug 31 2022
Expected Dividend & Yield for LPLA Stock: 0.44%
Recent Analyst Action: Brennan Hawken, analyst at UBS, reiterates coverage on LPL Financial (LPLA) stock in the financial stock sector with a Buy rating and a price target of $ 250 (1 week ago).
TipRanks.com also reports that LPL Financial currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $234.60 . The target pricing ranges from a high forecast of $250.00 down to a low forecast of $219.00. LPL Financial (LPLA)’s last closing price was $$229.13 which would put the average price target at 2.39% upside.Here are 3rd party ratings for LPLA stock:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Bottom 25% (188 out of 252)
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Sabra Healthcare REIT
Symbol: SBRA
Recent SBRA Stock Price: $15.94
Average Analyst Price Target for SBRA Stock: $15.73 (-1.32%)
Market Cap for SBRA Stock: $3.80B
Expected Ex-Dividend Date for SBRA Stock: Aug 16 2022
Expected Payment Date for SBRA Stock: Aug 31 2022
Expected Dividend & Yield for SBRA Stock: 7.25%
Recent Analyst Action: Connor Siversky, analyst at Berenberg Bank, reiterates coverage on Sabra Healthcare REIT (SBRA) stock in the financial stock sector with a Buy rating and a price target of $ 17 (5 days ago).
TipRanks.com also reports that Sabra Healthcare REIT currently has 10 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $15.73 . The target pricing ranges from a high forecast of $18.00 down to a low forecast of $14.00. Sabra Healthcare REIT (SBRA)’s last closing price was $$15.94 which would put the average price target at -1.32% upside.Here are 3rd party ratings for SBRA stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Sell, Top 34% (86 out of 252)
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Summit Hotel Properties
Symbol: INN
Recent INN Stock Price: $8.96
Average Analyst Price Target for INN Stock: $10.00 (11.61%)
Market Cap for INN Stock: $1.10B
Expected Ex-Dividend Date for INN Stock: Aug 16 2022
Expected Payment Date for INN Stock: Aug 31 2022
Expected Dividend & Yield for INN Stock:
Recent Analyst Action: Michael Bellisario, analyst at Robert W. Baird, reiterates coverage on Summit Hotel Properties (INN) stock in the financial stock sector with a Buy rating and a price target of $ 10 (2 weeks ago).
TipRanks.com also reports that Summit Hotel Properties currently has 2 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $10.00 . The target pricing ranges from a high forecast of $10.00 down to a low forecast of $10.00. Summit Hotel Properties (INN)’s last closing price was $$8.96 which would put the average price target at 11.61% upside.Here are 3rd party ratings for INN stock:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Buy, Top 34% (86 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.