November 09, 2023
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:
Apple
Symbol: AAPL
Recent Price: $182.89
Average Analyst Price Target: $201.80 (10.35%)
Market Cap: $2.83T
Expected Ex-Dividend Date: Nov 10 2023
Expected Payment Date: Nov 16 2023
Expected Dividend & Yield: 0.52%
Recent Analyst Action: Ananda Baruah, analyst at Loop Capital Markets, reiterates coverage on Apple (AAPL) in the Technology sector with a Hold rating and a price target of $180 (21 hours ago).
TipRanks.com also reports that Apple currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $201.80 . The target pricing ranges from a high forecast of $225 down to a low forecast of $180. Apple (AAPL)’s last closing price was $182.89 which would put the average price target at 10.35% upside.Here are 3rd party ratings for AAPL:
- TipRanks.com: Strong Buy
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Hold, Top 9% (21 out of 247)
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Corebridge Financial, Inc.
Symbol: CRBG
Recent Price: $20.18
Average Analyst Price Target: $24.80 (21.75%)
Market Cap: $12.85B
Expected Ex-Dividend Date: Dec 14 2023
Expected Payment Date: Dec 29 2023
Expected Dividend & Yield: 4.49%
Recent Analyst Action: John Barnidge, analyst at Piper Sandler, reiterates coverage on Corebridge Financial, Inc. (CRBG) in the Financial sector with a Buy rating and a price target of $26 (2 days ago).
TipRanks.com also reports that Corebridge Financial, Inc. currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $24.80 . The target pricing ranges from a high forecast of $26 down to a low forecast of $23. Corebridge Financial, Inc. (CRBG)’s last closing price was $20.18 which would put the average price target at 21.75% upside.Here are 3rd party ratings for CRBG:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Top 30% (75 out of 247)
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Kinetik
Symbol: KNTK
Recent Price: $35.32
Average Analyst Price Target: $37.80 (8.81%)
Market Cap: $5.21B
Expected Ex-Dividend Date: Nov 10 2023
Expected Payment Date: Nov 22 2023
Expected Dividend & Yield: 8.18%
Recent Analyst Action: Gabe Moreen, analyst at Mizuho Securities, reiterates coverage on Kinetik (KNTK) in the Technology sector with a Buy rating and a price target of $39 (3 weeks ago).
TipRanks.com also reports that Kinetik currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $37.80 . The target pricing ranges from a high forecast of $39 down to a low forecast of $34. Kinetik (KNTK)’s last closing price was $35.32 which would put the average price target at 8.81% upside.Here are 3rd party ratings for KNTK:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Bottom 32% (169 out of 247)
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Kimbell Royalty Partners
Symbol: KRP
Recent Price: $16.08
Average Analyst Price Target: $22.00 (32.65%)
Market Cap: $3.05B
Expected Ex-Dividend Date: Nov 10 2023
Expected Payment Date: Nov 20 2023
Expected Dividend & Yield: 10.41%
Recent Analyst Action: John Abbott, analyst at Bank of America Securities, reiterates coverage on Kimbell Royalty Partners (KRP) in the Energy sector with a Buy rating and a price target of $19 (1 week ago).
TipRanks.com also reports that Kimbell Royalty Partners currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $22.00 . The target pricing ranges from a high forecast of $24 down to a low forecast of $19. Kimbell Royalty Partners (KRP)’s last closing price was $16.08 which would put the average price target at 32.65% upside.Here are 3rd party ratings for KRP:
- TipRanks.com: Strong Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Top 1% (3 out of 247)
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Moelis
Symbol: MC
Recent Price: $42.29
Average Analyst Price Target: $39.25 (-11.56%)
Market Cap: $3.07B
Expected Ex-Dividend Date: Nov 10 2023
Expected Payment Date: Dec 22 2023
Expected Dividend & Yield: 5.61%
Recent Analyst Action: Steven Chubak, analyst at Wolfe Research, reiterates coverage on Moelis (MC) in the Financial sector with a Sell rating and a price target of $34 (5 days ago).
TipRanks.com also reports that Moelis currently has 4 analysts offering 12-month price targets and the consensus is a Moderate Sell rating with an average price target is $39.25 . The target pricing ranges from a high forecast of $44 down to a low forecast of $34. Moelis (MC)’s last closing price was $42.29 which would put the average price target at -11.56% upside.Here are 3rd party ratings for MC:
- TipRanks.com: Moderate Sell
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Strong Sell, Bottom 13% (216 out of 247)
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Meridian Bank
Symbol: MRBK
Recent Price: $10.90
Average Analyst Price Target: n/a (19.27%)
Market Cap: $122.40M
Expected Ex-Dividend Date: Nov 10 2023
Expected Payment Date: Nov 20 2023
Expected Dividend & Yield: 4.35%
Recent Analyst Action: Manuel Navas, analyst at D.A. Davidson, reiterates coverage on Meridian Bank (MRBK) in the Financial sector with a Buy rating and a price target of n/a (1 week ago).
TipRanks.com also reports that Meridian Bank currently has n/a analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is n/a . The target pricing ranges from a high forecast of n/a down to a low forecast of n/a. Meridian Bank (MRBK)’s last closing price was $10.90 which would put the average price target at 19.27% upside.Here are 3rd party ratings for MRBK:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Sell, Bottom 43% (141 out of 247)
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Pacwest Bancorp
Symbol: PACW
Recent Price: $7.61
Average Analyst Price Target: $9.44 (24.05%)
Market Cap: $933.35M
Expected Ex-Dividend Date: Nov 10 2023
Expected Payment Date: Nov 27 2023
Expected Dividend & Yield: 6.56%
Recent Analyst Action: Christopher Mcgratty, analyst at KBW, reiterates coverage on Pacwest Bancorp (PACW) in the Financial sector with a Hold rating and a price target of $9.2 (1 week ago).
TipRanks.com also reports that Pacwest Bancorp currently has 5 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $9.44 . The target pricing ranges from a high forecast of $9.2 down to a low forecast of $14. Pacwest Bancorp (PACW)’s last closing price was $7.61 which would put the average price target at 24.05% upside.Here are 3rd party ratings for PACW:
- TipRanks.com: Hold
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Sell, Bottom 25% (186 out of 247)
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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.
The Editor, WallStreetSectors.com
