The team over at EnergyStockMovers.com has identified several energy stocks which are expected to go “Ex-Dividend” starting, XXX.
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 and if you are looking for key information in the energy sector, visit EnergyStockMovers.com.
Below is a summary of their latest Dividend Report but for more information, click here for full story.
Devon Energy
Symbol: DVN
Recent DVN Price: $64.13
Average Analyst Price Target: $83.07 (29.53%)
DVN Market Cap: $43.50B
Expected Ex-Dividend Date for DVN stock: Dec 09 2022
Expected Payment Date for DVN stock: Dec 30 2022
Expected Dividend & Yield for DVN stock: 3.85%
Recent Analyst Action: Mark Lear, analyst at Piper Sandler, reiterates coverage on Devon Energy (DVN) stock in the Utilities sector with a Buy rating and a price target of $ 98 (5 days ago).
Click for full story on DVN stock >>
--------------------------------------------------------------------------Occidental Petroleum
Symbol: OXY
Recent OXY Price: $64.14
Average Analyst Price Target: $75.38 (17.52%)
OXY Market Cap: $60.32B
Expected Ex-Dividend Date for OXY stock: Dec 09 2022
Expected Payment Date for OXY stock: Jan 17 2023
Expected Dividend & Yield for OXY stock: 0.60%
Recent Analyst Action: Raphael Dubois, analyst at Societe Generale, reiterates coverage on Occidental Petroleum (OXY) stock in the Utilities sector with a Buy rating and a price target of $ 87 (1 week ago).
Click for full story on OXY stock >>
--------------------------------------------------------------------------Spire
Symbol: SR
Recent SR Price: $67.52
Average Analyst Price Target: $70.00 (3.67%)
SR Market Cap: $3.42B
Expected Ex-Dividend Date for SR stock: Dec 09 2022
Expected Payment Date for SR stock: Jan 04 2023
Expected Dividend & Yield for SR stock: 3.99%
Recent Analyst Action: Shahriar Pourreza, analyst at Guggenheim, reiterates coverage on Spire (SR) stock in the Utilities sector with a Hold rating and a price target of $ 61 (1 day ago).
Click for full story on SR stock >>
--------------------------------------------------------------------------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.
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Sincerely,
The Editor, marketsectormovers.com
