Dividend Alert: Don't Miss Out on These 7 Stocks - Ex-Dividend Feb 14
February 13, 2024
From the desk of the Editor
Dear Reader,
We have identified several stocks which are expected to go “Ex-Dividend” very 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:
Enbridge Inc.
Symbol: ENB
Recent Price: $34.89
Average Analyst Price Target: $33.42 (-4.21%)
Market Cap: $74.16B
Expected Ex-Dividend Date: Feb 14 2024
Expected Payment Date: Mar 01 2024
Expected Dividend & Yield: 7.71%
Recent Analyst Action: Cole Pereira, analyst at Stifel Nicolaus, reiterates coverage on Enbridge Inc. (ENB) in the Energy sector with a Hold rating and a price target of $38.65 (9 hours ago).
TipRanks.com also reports that Enbridge Inc.currently has 5 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $33.42 . The target pricing ranges from a high forecast of $40.14 down to a low forecast of $16.4.Enbridge Inc. (ENB)’s last closing price was $34.89 which would put the average price target at -4.21% upside.
Here are 3rd party ratings for ENB:
TipRanks.com: Hold
TradingView.com: Sell
Yahoo! Finance: Bearish Short-Term Outlook
Barchart.com: Weak sell
Zacks.com: Hold, Bottom 32% (170 out of 250)
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Zions Bancorporation, National Association
Symbol: ZION
Recent Price: $41.24
Average Analyst Price Target: $43.50 (5.48%)
Market Cap: $6.11B
Expected Ex-Dividend Date: Feb 14 2024
Expected Payment Date: Feb 22 2024
Expected Dividend & Yield: 3.98%
Recent Analyst Action: Manan Gosalia, analyst at Morgan Stanley, reiterates coverage on Zions Bancorporation, National Association (ZION) in the Financial Services sector with a Sell rating and a price target of $40 (6 days ago).
TipRanks.com also reports that Zions Bancorporation, National Associationcurrently has 4 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $43.50 . The target pricing ranges from a high forecast of $48 down to a low forecast of $39.Zions Bancorporation, National Association (ZION)’s last closing price was $41.24 which would put the average price target at 5.48% upside.
Here are 3rd party ratings for ZION:
TipRanks.com: Hold
TradingView.com: Sell
Yahoo! Finance: Bullish Short-Term Outlook
Barchart.com: buy
Zacks.com: Hold, Bottom 10% (224 out of 250)
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Southside Bancshares, Inc.
Symbol: SBSI
Recent Price: $30.86
Average Analyst Price Target: $34.33 (11.26%)
Market Cap: $931.87M
Expected Ex-Dividend Date: Feb 14 2024
Expected Payment Date: Feb 29 2024
Expected Dividend & Yield: 4.67%
Recent Analyst Action: Brady Gailey, analyst at KBW, reiterates coverage on Southside Bancshares, Inc. (SBSI) in the Financial Services sector with a Hold rating and a price target of $35 (2 weeks ago).
TipRanks.com also reports that Southside Bancshares, Inc.currently has 3 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $34.33 . The target pricing ranges from a high forecast of $35 down to a low forecast of $33.Southside Bancshares, Inc. (SBSI)’s last closing price was $30.86 which would put the average price target at 11.26% upside.
Here are 3rd party ratings for SBSI:
TipRanks.com: Hold
TradingView.com: Buy
Yahoo! Finance: Bullish Short-Term Outlook
Barchart.com: Strong buy
Zacks.com: Strong Buy, Top 36% (89 out of 250)
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Bar Harbor Bankshares
Symbol: BHB
Recent Price: $25.92
Average Analyst Price Target: $30.00 (15.74%)
Market Cap: $392.84M
Expected Ex-Dividend Date: Feb 14 2024
Expected Payment Date: Mar 15 2024
Expected Dividend & Yield: 4.32%
Recent Analyst Action: Damon Delmonte, analyst at KBW, reiterates coverage on Bar Harbor Bankshares (BHB) in the Financial Services sector with a Hold rating and a price target of $29 (2 weeks ago).
TipRanks.com also reports that Bar Harbor Banksharescurrently has 2 analysts offering 12-month price targets and the consensus is a Buy rating with an average price target is $30.00 . The target pricing ranges from a high forecast of $31 down to a low forecast of $29.Bar Harbor Bankshares (BHB)’s last closing price was $25.92 which would put the average price target at 15.74% upside.
Here are 3rd party ratings for BHB:
TipRanks.com: Buy
TradingView.com: Sell
Yahoo! Finance: Bullish Short-Term Outlook
Barchart.com: Weak buy
Zacks.com: Sell, Bottom 24% (189 out of 250)
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ARMOUR Residential REIT, Inc.
Symbol: ARR
Recent Price: $19.26
Average Analyst Price Target: $21.17 (9.90%)
Market Cap: $943.65M
Expected Ex-Dividend Date: Feb 14 2024
Expected Payment Date: Feb 28 2024
Expected Dividend & Yield: 14.95%
Recent Analyst Action: Douglas Harter, analyst at UBS, reiterates coverage on ARMOUR Residential REIT, Inc. (ARR) in the Real Estate sector with a Hold rating and a price target of $18.5 (2 months ago).
TipRanks.com also reports that ARMOUR Residential REIT, Inc.currently has 3 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $21.17 . The target pricing ranges from a high forecast of $25 down to a low forecast of $18.5.ARMOUR Residential REIT, Inc. (ARR)’s last closing price was $19.26 which would put the average price target at 9.90% upside.
Here are 3rd party ratings for ARR:
TipRanks.com: Hold
TradingView.com: Strong Buy
Yahoo! Finance: Neutral Short-Term Outlook
Barchart.com: sell
Zacks.com: Hold, Bottom 17% (207 out of 250)
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SunCoke Energy, Inc.
Symbol: SXC
Recent Price: $11.31
Average Analyst Price Target: $11.50 (1.68%)
Market Cap: $947.28M
Expected Ex-Dividend Date: Feb 14 2024
Expected Payment Date: Mar 01 2024
Expected Dividend & Yield: 3.54%
Recent Analyst Action: Nathan Martin, analyst at Benchmark Co., reiterates coverage on SunCoke Energy, Inc. (SXC) in the Basic Materials sector with a Buy rating and a price target of $12 (1 week ago).
TipRanks.com also reports that SunCoke Energy, Inc.currently has 2 analysts offering 12-month price targets and the consensus is a Buy rating with an average price target is $11.50 . The target pricing ranges from a high forecast of $12 down to a low forecast of $11.SunCoke Energy, Inc. (SXC)’s last closing price was $11.31 which would put the average price target at 1.68% upside.
Here are 3rd party ratings for SXC:
TipRanks.com: Buy
TradingView.com: Strong Buy
Yahoo! Finance: Bullish Short-Term Outlook
Barchart.com: Strong buy
Zacks.com: Buy, Bottom 30% (177 out of 250)
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Origin Bancorp, Inc.
Symbol: OBK
Recent Price: $30.88
Average Analyst Price Target: $34.50 (11.72%)
Market Cap: $954.40M
Expected Ex-Dividend Date: Feb 14 2024
Expected Payment Date: Feb 29 2024
Expected Dividend & Yield: 1.94%
Recent Analyst Action: Matt Olney, analyst at Stephens, reiterates coverage on Origin Bancorp, Inc. (OBK) in the Financial Services sector with a Buy rating and a price target of $36 (1 week ago).
TipRanks.com also reports that Origin Bancorp, Inc.currently has 4 analysts offering 12-month price targets and the consensus is a Buy rating with an average price target is $34.50 . The target pricing ranges from a high forecast of $38 down to a low forecast of $31.Origin Bancorp, Inc. (OBK)’s last closing price was $30.88 which would put the average price target at 11.72% upside.
Here are 3rd party ratings for OBK:
TipRanks.com: Buy
TradingView.com: Sell
Yahoo! Finance: Bullish Short-Term Outlook
Barchart.com: Weak sell
Zacks.com: Strong Sell, Top 27% (68 out of 250)
Click for chart >>
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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, Tom Devine