November 16, 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:
Southern Co
Symbol: SO
Recent Price: $68.77
Average Analyst Price Target: $75.00 (2.85%)
Market Cap: $75.48B
Expected Ex-Dividend Date: Nov 17 2023
Expected Payment Date: Dec 06 2023
Expected Dividend & Yield: 4.10%
Recent Analyst Action: Shelby Tucker, analyst at RBC Capital, reiterates coverage on Southern Co (SO) in the Utilities sector with a Buy rating and a price target of $80 (1 week ago).
TipRanks.com also reports that Southern Co currently has 4 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $75.00 . The target pricing ranges from a high forecast of $80 down to a low forecast of $70. Southern Co (SO)’s last closing price was $68.77 which would put the average price target at 2.85% upside.Here are 3rd party ratings for SO:
- TipRanks.com: Hold
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Top 25% (63 out of 250)
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Ryder System
Symbol: R
Recent Price: $106.26
Average Analyst Price Target: $109.00 (2.58%)
Market Cap: $4.72B
Expected Ex-Dividend Date: Nov 17 2023
Expected Payment Date: Dec 15 2023
Expected Dividend & Yield: 2.48%
Recent Analyst Action: Justin Long, analyst at Stephens, reiterates coverage on Ryder System (R) in the Industrials sector with a Hold rating and a price target of $102 (2 weeks ago).
TipRanks.com also reports that Ryder System currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $109.00 . The target pricing ranges from a high forecast of $118 down to a low forecast of $100. Ryder System (R)’s last closing price was $106.26 which would put the average price target at 2.58% upside.Here are 3rd party ratings for R:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Buy, Top 29% (73 out of 250)
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Deluxe
Symbol: DLX
Recent Price: $19.08
Average Analyst Price Target: $33.00 (72.96%)
Market Cap: $834.09M
Expected Ex-Dividend Date: Nov 17 2023
Expected Payment Date: Dec 04 2023
Expected Dividend & Yield: 6.74%
Recent Analyst Action: Lance Vitanza, analyst at TD Cowen, reiterates coverage on Deluxe (DLX) in the Communication Services sector with a Buy rating and a price target of $33 (1 week ago).
TipRanks.com also reports that Deluxe currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $33.00 . The target pricing ranges from a high forecast of $33 down to a low forecast of $33. Deluxe (DLX)’s last closing price was $19.08 which would put the average price target at 72.96% upside.Here are 3rd party ratings for DLX:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Hold, Top 1% (3 out of 250)
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Highwoods Properties
Symbol: HIW
Recent Price: $19.70
Average Analyst Price Target: $22.50 (25.43%)
Market Cap: $2.04B
Expected Ex-Dividend Date: Nov 17 2023
Expected Payment Date: Dec 12 2023
Expected Dividend & Yield: 11.32%
Recent Analyst Action: Camille Bonnel, analyst at Bank of America Securities, reiterates coverage on Highwoods Properties (HIW) in the Real Estate sector with a Hold rating and a price target of $20 (2 days ago).
TipRanks.com also reports that Highwoods Properties currently has 4 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $22.50 . The target pricing ranges from a high forecast of $25 down to a low forecast of $20. Highwoods Properties (HIW)’s last closing price was $19.70 which would put the average price target at 25.43% upside.Here are 3rd party ratings for HIW:
- TipRanks.com: Hold
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 36% (161 out of 250)
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BGSF
Symbol: BGSF
Recent Price: $9.78
Average Analyst Price Target: $16.00 (63.60%)
Market Cap: $105.61M
Expected Ex-Dividend Date: Nov 17 2023
Expected Payment Date: Nov 28 2023
Expected Dividend & Yield: 6.09%
Recent Analyst Action: Jeff Martin, analyst at Roth MKM, reiterates coverage on BGSF (BGSF) in the Industrials sector with a Buy rating and a price target of $16 (5 days ago).
TipRanks.com also reports that BGSF currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $16.00 . The target pricing ranges from a high forecast of $16 down to a low forecast of $16. BGSF (BGSF)’s last closing price was $9.78 which would put the average price target at 63.60% upside.Here are 3rd party ratings for BGSF:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Top 30% (74 out of 250)
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Portman Ridge Finance
Symbol: PTMN
Recent Price: $17
Average Analyst Price Target: $24.00 (30.88%)
Market Cap: $162.40M
Expected Ex-Dividend Date: Nov 17 2023
Expected Payment Date: Nov 30 2023
Expected Dividend & Yield: 16.08%
Recent Analyst Action: Christopher Nolan, analyst at Ladenburg Thalmann & Co., reiterates coverage on Portman Ridge Finance (PTMN) in the Financial sector with a Buy rating and a price target of $24 (5 days ago).
TipRanks.com also reports that Portman Ridge Finance currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $24.00 . The target pricing ranges from a high forecast of $24 down to a low forecast of $24. Portman Ridge Finance (PTMN)’s last closing price was $17 which would put the average price target at 30.88% upside.Here are 3rd party ratings for PTMN:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Sell, Bottom 22% (194 out of 250)
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Gladstone Commercial
Symbol: GOOD
Recent Price: $12.74
Average Analyst Price Target: $15.38 (9.89%)
Market Cap: $515.12M
Expected Ex-Dividend Date: Dec 15 2023
Expected Payment Date: Dec 29 2023
Expected Dividend & Yield: 10.65%
Recent Analyst Action: Barry Oxford, analyst at Colliers Securities, reiterates coverage on Gladstone Commercial (GOOD) in the Real Estate sector with a Buy rating and a price target of $14 (1 week ago).
TipRanks.com also reports that Gladstone Commercial currently has 4 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $15.38 . The target pricing ranges from a high forecast of $17.5 down to a low forecast of $14. Gladstone Commercial (GOOD)’s last closing price was $12.74 which would put the average price target at 9.89% upside.Here are 3rd party ratings for GOOD:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Sell, Bottom 36% (161 out of 250)
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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