Dividend Hunters' Roadmap: Unveiling Tuesday's Ex-Dividend Hotspots
As dividend investors, we're always on the prowl for opportunities to fortify our portfolios with consistent income streams. And what better way to do that than by staying ahead of the ex-dividend curve? In this edition, we've curated a comprehensive list of stocks with ex-dividend dates just around the corner, giving you ample time to position yourself for potential dividend gains.
But before we dive in, let's revisit a crucial concept: purchasing a stock on or after its ex-dividend date means you won't receive the next dividend payment—the sellers will. To secure that juicy dividend, ensure you buy before the ex-dividend date. Conversely, selling before this date forfeits your right to the stock's dividend payout. Timing is everything in the dividend game.
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Now, let's explore the dividend-paying prospects lined up for the upcoming week:
Lam Research (LRCX), a leading semiconductor equipment supplier, with an expected dividend yield of 0.77% and an ex-date of June 18th. Analysts remain divided on the stock, with TipRanks recommending a Hold and Zacks rating it in the Bottom 10%.
Cincinnati Financial (CINF), a property and casualty insurer, offering a tempting 2.89% yield with the ex-date on June 18th. TipRanks and Zacks both rate it a Hold, while Barchart leans towards a Weak Buy.
Energy giant TotalEnergies (TTE) promises a hefty 5.21% yield, with the ex-dividend date falling on June 18th. TipRanks recommends a Buy, while Barchart and Zacks maintain a Hold stance.
Ecolab (ECL), a water and energy technologies provider, boasts a 0.95% yield and an ex-date of June 18th. Analysts are largely bullish, with Buy ratings from TipRanks and Zacks, and a Strong Buy from Barchart.
Industrial packaging specialist Greif (GEF) offers a 3.42% yield, with the crucial ex-date on June 18th. However, analyst sentiment is mixed, with a Hold from TipRanks, a Strong Sell from Barchart, and another Hold from Zacks.
VICI Properties (VICI), a gaming and hospitality REIT, promises a mouthwatering 5.87% yield on June 18th's ex-date. TipRanks recommends a Buy, while Barchart and Zacks maintain a Hold stance.
Ituran Location (ITRN), a vehicle recovery and tracking firm, yields 6.01% with an ex-date of June 18th. TipRanks rates it a Buy, though analyst coverage is limited from other sources.
Last but not least, WhiteHorse Finance (WHF), a business development company, tempts with an 11.71% yield and an ex-date on June 18th. TipRanks suggests a Hold, while Zacks rates it in the Bottom 40%.
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Remember, timing is everything in the dividend game. By acting before these ex-dividend dates, you could potentially secure a steady stream of income for your portfolio. However, as with any investment decision, it's crucial to conduct thorough research, assess your risk tolerance, and align your choices with your overall investment strategy.
If you're unsure, don't hesitate to consult your financial advisor. They can provide personalized guidance, taking into account your unique financial situation and goals.
So, study the prospects, weigh the pros and cons, and get ready to pounce on the dividend plays that resonate with your investment philosophy. May the dividend force be with you!