May 27th, 2022
From the desk of The Editor
Dear Reader,
We have identified several energy stocks which are expected to go “Ex-Dividend” starting today, Today May 27th.
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:
Brookfield Infrastructure
Symbol: BIP
Recent Price: $$60
Average Analyst Price Target: $71.33 (18.88%)
Market Cap: $$18.32B
Expected Ex-Dividend Date: May 27 2022
Expected Payment Date: Jun 30 2022
Expected Dividend & Yield: 3.44%
Recent Analyst Action: Robert Kwan, analyst at RBC Capital, reiterates coverage on Brookfield Infrastructure (BIP) in the Utilities sector with a Buy rating and a price target of $ 70 (3 weeks ago).
TipRanks.com also reports that Brookfield Infrastructure currently has 3 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $71.33 . The target pricing ranges from a high forecast of $74.00 down to a low forecast of $70.00. Brookfield Infrastructure (BIP)’s last closing price was $$60 which would put the average price target at 18.88% upside.Here are 3rd party ratings for BIP:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Hold, Bottom 36% (162 out of 253)
--------------------------------------------------------------------------
NextEra Energy
Symbol: NEE
Recent Price: $$74.62
Average Analyst Price Target: $92.15 (23.50%)
Market Cap: $$146.58B
Expected Ex-Dividend Date: May 27 2022
Expected Payment Date: Jun 15 2022
Expected Dividend & Yield: 2.16%
Recent Analyst Action: Stephen Byrd, analyst at Morgan Stanley, reiterates coverage on NextEra Energy (NEE) in the Utilities sector with a Hold rating and a price target of $ 86 (4 days ago).
TipRanks.com also reports that NextEra Energy currently has 13 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $92.15 . The target pricing ranges from a high forecast of $107.00 down to a low forecast of $81.00. NextEra Energy (NEE)’s last closing price was $$74.62 which would put the average price target at 23.50% upside.Here are 3rd party ratings for NEE:
- TipRanks.com: Strong Buy
- TradingView.com: Neutral
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 36% (162 out of 253)
--------------------------------------------------------------------------
Pioneer Natural
Symbol: PXD
Recent Price: $$272.61
Average Analyst Price Target: $305.12 (11.93%)
Market Cap: $$65.96B
Expected Ex-Dividend Date: May 27 2022
Expected Payment Date: Jun 14 2022
Expected Dividend & Yield: 6.27%
Recent Analyst Action: Leo Mariani, analyst at KeyBanc, reiterates coverage on Pioneer Natural (PXD) in the Utilities sector with a Buy rating and a price target of $ 294 (1 day ago).
TipRanks.com also reports that Pioneer Natural currently has 17 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $305.12 . The target pricing ranges from a high forecast of $375.00 down to a low forecast of $260.00. Pioneer Natural (PXD)’s last closing price was $$272.61 which would put the average price target at 11.93% upside.Here are 3rd party ratings for PXD:
- TipRanks.com: Moderate Buy
- TradingView.com: Strong Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Buy, Top 2% (4 out of 253)
--------------------------------------------------------------------------
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