Dear Reader,
We have identified several energy stocks which are expected to go “Ex-Dividend” starting June 16th, 2022.
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:
Canadian Natural
Symbol: CNQ
Recent Price: $$55.65
Average Analyst Price Target: $72.83 (30.87%)
Market Cap: $$69.14B
Expected Ex-Dividend Date: Jun 16 2022
Expected Payment Date: Jul 05 2022
Expected Dividend & Yield: 3.26%
Recent Analyst Action: Travis Wood, analyst at National Bank, reiterates coverage on Canadian Natural (CNQ) in the Utilities sector with a Buy rating and a price target of $ 89.24 (1 day ago).
TipRanks.com also reports that Canadian Natural currently has 13 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $72.83 . The target pricing ranges from a high forecast of $89.24 down to a low forecast of $64.41. Canadian Natural (CNQ)’s last closing price was $$55.65 which would put the average price target at 30.87% upside.Here are 3rd party ratings for CNQ:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Buy, Top 7% (18 out of 253)
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DTE Energy
Symbol: DTE
Recent Price: $$116.61
Average Analyst Price Target: $140.92 (20.85%)
Market Cap: $$23.10B
Expected Ex-Dividend Date: Jun 16 2022
Expected Payment Date: Jul 15 2022
Expected Dividend & Yield: 2.92%
Recent Analyst Action: Unknown Analyst, analyst at Argus Research, reiterates coverage on DTE Energy (DTE) in the Utilities sector with a Buy rating and a price target of $ 140 (3 weeks ago).
TipRanks.com also reports that DTE Energy currently has 13 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $140.92 . The target pricing ranges from a high forecast of $147.00 down to a low forecast of $137.00. DTE Energy (DTE)’s last closing price was $$116.61 which would put the average price target at 20.85% upside.Here are 3rd party ratings for DTE:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Top 42% (106 out of 253)
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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.
Sincerely,
The Editor, EnergyStockMovers.com
EnergyStockMovers.com keeps investors informed of trending energy stocks within the entire energy sector including green energy, renewable energy, fossil fuels, oil and natural gas, crude oil, gas pipelines and exploration and production. We provide investors with timely information regarding top moving stocks in the energy sector sourced from our proprietary stocks screens, energy stock earnings reports, energy stock dividend yields, partner stock analysts and breaking news that identify and monitor stocks that are on the move. The stock prices or share prices are not real time and are delayed at least 15 minutes. Join thousands of investors who already signed up for our free subscription to EnergyStockMovers.com