Mark Your Calendar: 7 Dividend Stocks with Ex-Dividend Date - Feb 14
February 13, 2024
Editorial Insights
Dear Reader,
Discover upcoming ex-dividend stocks for potential dividends. Buying a stock on or after its ex-dividend date means missing the next dividend—sellers receive it. Purchase before the ex-dividend date to secure the dividend. Selling before the ex-dividend date forfeits your right to the stock dividend. Stay mindful.
Explore our latest Dividend Report below:
Microsoft Corporation
Ticker: MSFT
Recent Price: $415.26
Average Analyst Price Target: $483.00 (16.31%)
Market Cap: $3.09T
Last Dividend Amount: $0.75
Expected Ex-Dividend Date: Feb 14 2024
Expected Payment Date: Mar 14 2024
Expected Dividend & Yield: 0.72%
Summary: Microsoft Corporation is one of the largest broad-based technology providers in the world. The company dominates the PC software market with more than 80% of the market share for operating systems. The company's Microsoft 365 application suite is one of the most popular productivity software globally. It is also now one of the two public cloud providers that can deliver a wide variety of infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) solutions at scale. Microsoft's products include operating systems, cross-device productivity applications, server applications, business solution applications, desktop and server management tools, software development tools and video games. The company designs and sells PCs, tablets, gaming and entertainment consoles, phones, other intelligent devices, and related accessories. Through Azure, it offers cloud-based solutions that provide customers with software, services, platforms and content.
Recent Analyst Action: Yun Kim, analyst at Loop Capital Markets, reiterates coverage on Microsoft Corporation (MSFT) in the Technology sector with a Buy rating and a price target of $500 (1 week ago).
Here are 3rd party ratings for MSFT:
TipRanks.com: Buy
TradingView.com: Buy
Yahoo! Finance: Bullish Short-Term Outlook
Barchart.com: Strong buy
Zacks.com: Buy, Top 32% (79 out of 250)
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Eli Lilly and Company
Ticker: LLY
Recent Price: $737.26
Average Analyst Price Target: $831.80 (12.82%)
Market Cap: $699.89B
Last Dividend Amount: $1.30
Expected Ex-Dividend Date: Feb 14 2024
Expected Payment Date: Mar 08 2024
Expected Dividend & Yield: 0.71%
Summary: Eli Lilly and Company, one of the world's largest pharmaceutical companies, boasts a diversified product profile including a solid lineup of new successful drugs. It also has a dependable pipeline as it navigates through challenges like patent expirations of several drugs and rising pricing pressure on its U.S. diabetes franchise. Its pharmaceutical product categories are neuroscience, diabetes, oncology, immunology and others. Over the past few years, Lilly has been actively seeking acquisitions and in-licensing deals to boost its product portfolio and pipeline. The purchase of ImClone Systems brought with it cancer compound, Erbitux. The acquisition of ICOS Corporation gave Lilly full control over erectile dysfunction drug, Cialis. Its other acquisitions include Hypnion, Inc., CoLucid Pharmaceuticals added Reyvow for acute migraine, Loxo Oncology and Dermira. Lilly has collaboration agreements with several companies including Incyte, Boehringer Ingelheim and Innovent Biologics among others.
Recent Analyst Action: Akash Tewari, analyst at Jefferies, reiterates coverage on Eli Lilly and Company (LLY) in the Healthcare sector with a Buy rating and a price target of $853 (9 hours ago).
Here are 3rd party ratings for LLY:
TipRanks.com: Buy
TradingView.com: Buy
Yahoo! Finance: Bearish Short-Term Outlook
Barchart.com: Strong buy
Zacks.com: Hold, Bottom 18% (204 out of 250)
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Equinor ASA
Ticker: EQNR
Recent Price: $26.37
Average Analyst Price Target: $34.67 (31.46%)
Market Cap: $78.18B
Last Dividend Amount: $0.75
Expected Ex-Dividend Date: Feb 14 2024
Expected Payment Date: Feb 27 2024
Expected Dividend & Yield: 4.55%
Summary: Equinor ASA operates as an energy company. It engaged in developing oil, gas, wind and solar energy projects and focuses on offshore operations and exploration services. Equinor ASA, formerly known as Statoil ASA, is based in Norway, Europe.
Recent Analyst Action: Jason Gabelman, analyst at TD Cowen, reiterates coverage on Equinor ASA (EQNR) in the Energy sector with a Hold rating and a price target of $28 (3 weeks ago).
Here are 3rd party ratings for EQNR:
TipRanks.com: Hold
TradingView.com: Sell
Yahoo! Finance: Bearish Short-Term Outlook
Barchart.com: Strong sell
Zacks.com: Hold, Top 43% (108 out of 250)
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Cintas Corporation
Ticker: CTAS
Recent Price: $613.69
Average Analyst Price Target: $603.50 (-1.66%)
Market Cap: $62.21B
Last Dividend Amount: $1.35
Expected Ex-Dividend Date: Feb 14 2024
Expected Payment Date: Mar 15 2024
Expected Dividend & Yield: 0.88%
Summary: Cintas Corporation helps more than one million businesses of all types and sizes get READY to open their doors with confidence every day by providing a wide range of products and services that enhance their customers' image and help keep their facilities and employees clean, safe and looking their best. With products and services including uniforms, floor care, restroom supplies, first aid and safety products, fire extinguishers and testing, and safety and compliance training, Cintas helps customers get Ready for the Workday.
Recent Analyst Action: Seth Weber, analyst at Wells Fargo, reiterates coverage on Cintas Corporation (CTAS) in the Industrials sector with a Hold rating and a price target of $615 (1 day ago).
Here are 3rd party ratings for CTAS:
TipRanks.com: Hold
TradingView.com: Buy
Yahoo! Finance: Neutral Short-Term Outlook
Barchart.com: Strong buy
Zacks.com: Buy, Top 8% (19 out of 250)
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Artisan Partners Asset Management Inc.
Ticker: APAM
Recent Price: $43.38
Average Analyst Price Target: $39.80 (-8.25%)
Market Cap: $3.47B
Last Dividend Amount: $1.02
Expected Ex-Dividend Date: Feb 14 2024
Expected Payment Date: Feb 29 2024
Expected Dividend & Yield: 6.27%
Summary: Artisan Partners Asset Management Inc. is an investment management firm focused on providing high-value added, active investment strategies to clients globally. Its investment teams manage a broad range of investment strategies that are diversified by asset class, market cap and investment style. The company offers its services to institutions and through intermediaries by means of separate accounts and pooled vehicles. Institutional Channel services institutional clients, such as U.S.-registered mutual funds, non-U.S. funds and collective investment trusts, state and local governments, employee benefit plans including Taft-Hartley plans, foundations, and endowments. Intermediary Channel includes brokerage firms & private banks and trust companies wherein the process for identifying which funds to offer. Retail Channel caters to retail investors indirectly through mutual fund supermarkets, which allows investors to purchase and redeem fund shares.
Recent Analyst Action: Kenneth Lee, analyst at RBC Capital, reiterates coverage on Artisan Partners Asset Management Inc. (APAM) in the Financial Services sector with a Buy rating and a price target of $45 (1 week ago).
Here are 3rd party ratings for APAM:
TipRanks.com: Hold
TradingView.com: Sell
Yahoo! Finance: Bullish Short-Term Outlook
Barchart.com: Strong buy
Zacks.com: Strong Buy, Top 8% (19 out of 250)
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ConnectOne Bancorp, Inc.
Ticker: CNOB
Recent Price: $21.21
Average Analyst Price Target: $26.00 (22.58%)
Market Cap: $818.84M
Last Dividend Amount: $0.17
Expected Ex-Dividend Date: Feb 14 2024
Expected Payment Date: Mar 01 2024
Expected Dividend & Yield: 3.21%
Summary: ConnectOne Bancorp, Inc. is a community-based, full-service commercial bank holding company. The Bank offers a range of lending, depository and related financial services to commercial, industrial and governmental customers. ConnectOne provides secured and unsecured loans, mortgage loans, home equity lines of credit, short and medium term loans, lines of credit, letters of credit, working capital loans, and real estate construction loans, as well as collection services, wire transfers, night depository, and lock box services. The Bank, through its subsidiary, provides financial services, including brokerage services, insurance and annuities, mutual funds and financial planning. It also offers various money market services. ConnectOne Bancorp, Inc., formerly known as Center Bancorp, Inc., is based in Englewood Cliffs, New Jersey.
Recent Analyst Action: Frank Schiraldi, analyst at Piper Sandler, reiterates coverage on ConnectOne Bancorp, Inc. (CNOB) in the Financial Services sector with a Buy rating and a price target of $25 (2 weeks ago).
Here are 3rd party ratings for CNOB:
TipRanks.com: Buy
TradingView.com: Strong Sell
Yahoo! Finance: Neutral Short-Term Outlook
Barchart.com: buy
Zacks.com: Hold, Bottom 24% (189 out of 250)
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PennantPark Floating Rate Capital Ltd.
Ticker: PFLT
Recent Price: $11.46
Average Analyst Price Target: $11.75 (2.53%)
Market Cap: $706.26M
Last Dividend Amount: $0.10
Expected Ex-Dividend Date: Feb 14 2024
Expected Payment Date: Mar 01 2024
Expected Dividend & Yield: 10.73%
Summary: PennantPark Floating Rate Capital Ltd. is a business development company. It is a closed-end, externally managed and non-diversified investment company. Its investment objectives are to generate current income and capital appreciation by investing primarily in floating rate loans and other investments made to the United States middle-market companies. The firm provides first lien secured debt and other opportunistic financings (mezzanine, private high yield debt, preferred and common stock) to middle market sponsors and companies. Its investments may include equity features, such as direct investments in the equity securities of borrowers or warrants or options to buy a minority interest in a portfolio company. It has investments in various sectors, including aerospace and defense; consumer services; healthcare and pharmaceuticals, and others. The firm has a value-oriented, bottoms-up investment philosophy. Its investment activities are managed by the investment advisor, PennantPark Investment Advisers LLC.
Recent Analyst Action: Michael Diana, analyst at Maxim Group, reiterates coverage on PennantPark Floating Rate Capital Ltd. (PFLT) in the Financial Services sector with a Hold rating (5 days ago).
Here are 3rd party ratings for PFLT:
TipRanks.com: Hold
TradingView.com: Sell
Yahoo! Finance: Bearish Short-Term Outlook
Barchart.com: buy
Zacks.com: Buy, Top 8% (19 out of 250)
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And there you have it.
For inquiries regarding specific dividends, we recommend consulting with your financial advisor or visiting Investor.gov for more comprehensive information.
Best regards,
Tom Devine