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:
Discover Financial Services
Symbol: DFS
Recent DFS Stock Price: $104.39
Average Analyst Price Target for DFS Stock: $124.00 (18.79%)
Market Cap for DFS Stock: $28.59B
Expected Ex-Dividend Date for DFS Stock: Aug 24 2022
Expected Payment Date for DFS Stock: Sep 08 2022
Expected Dividend & Yield for DFS Stock: 2.03%
Recent Analyst Action: James Fotheringham, analyst at BMO Capital, reiterates coverage on Discover Financial Services (DFS) stock in the financial stock sector with a Hold rating and a price target of $ 118 (4 weeks ago).
TipRanks.com also reports that Discover Financial Services currently has 14 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $124.00 . The target pricing ranges from a high forecast of $150.00 down to a low forecast of $103.00. Discover Financial Services (DFS)’s last closing price was $$104.39 which would put the average price target at 18.79% upside.Here are 3rd party ratings for DFS stock:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Bottom 37% (160 out of 252)
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First Bancorp Puerto Rico
Symbol: FBP
Recent FBP Stock Price: $14.99
Average Analyst Price Target for FBP Stock: $18.00 (20.08%)
Market Cap for FBP Stock: $2.84B
Expected Ex-Dividend Date for FBP Stock: Aug 24 2022
Expected Payment Date for FBP Stock: Sep 09 2022
Expected Dividend & Yield for FBP Stock: 2.55%
Recent Analyst Action: Alexander Twerdahl, analyst at Piper Sandler, reiterates coverage on First Bancorp Puerto Rico (FBP) stock in the financial stock sector with a Buy rating and a price target of $ 18 (2 weeks ago).
TipRanks.com also reports that First Bancorp Puerto Rico currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $18.00 . The target pricing ranges from a high forecast of $18.00 down to a low forecast of $18.00. First Bancorp Puerto Rico (FBP)’s last closing price was $$14.99 which would put the average price target at 20.08% upside.Here are 3rd party ratings for FBP stock:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Buy, Top 12% (31 out of 252)
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SBA Communications
Symbol: SBAC
Recent SBAC Stock Price: $332.97
Average Analyst Price Target for SBAC Stock: $379.50 (13.97%)
Market Cap for SBAC Stock: $36.00B
Expected Ex-Dividend Date for SBAC Stock: Aug 24 2022
Expected Payment Date for SBAC Stock: Sep 20 2022
Expected Dividend & Yield for SBAC Stock: 0.76%
Recent Analyst Action: Jonathan Atkin, analyst at RBC Capital, reiterates coverage on SBA Communications (SBAC) stock in the financial stock sector with a Buy rating and a price target of $ 390 (2 weeks ago).
TipRanks.com also reports that SBA Communications currently has 10 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $379.50 . The target pricing ranges from a high forecast of $410.00 down to a low forecast of $347.00. SBA Communications (SBAC)’s last closing price was $$332.97 which would put the average price target at 13.97% upside.Here are 3rd party ratings for SBAC stock:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Buy, Top 27% (67 out of 252)
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TransUnion
Symbol: TRU
Recent TRU Stock Price: $80.01
Average Analyst Price Target for TRU Stock: $90.43 (13.02%)
Market Cap for TRU Stock: $15.22B
Expected Ex-Dividend Date for TRU Stock: Aug 24 2022
Expected Payment Date for TRU Stock: Sep 09 2022
Expected Dividend & Yield for TRU Stock: 0.48%
Recent Analyst Action: George Tong, analyst at Goldman Sachs, reiterates coverage on TransUnion (TRU) stock in the financial stock sector with a Hold rating and a price target of $ 85 (3 weeks ago).
TipRanks.com also reports that TransUnion currently has 15 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $90.43 . The target pricing ranges from a high forecast of $109.00 down to a low forecast of $72.00. TransUnion (TRU)’s last closing price was $$80.01 which would put the average price target at 13.02% upside.Here are 3rd party ratings for TRU stock:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Sell, Bottom 20% (201 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.