May 16th, 2022 -
From the desk of The Editor
Dear Reader,
We have identified several consumer 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:
Murphy USA
Symbol: MUSA
Recent Price: $$248.49
Average Analyst Price Target: $227.67 (-8.38%)
Market Cap: $$6.01B
Expected Ex-Dividend Date: May 16 2022
Expected Payment Date: Jun 01 2022
Expected Dividend & Yield: 0.46%
Recent Analyst Action: Matthew Fishbein, analyst at Jefferies, reiterates coverage on Murphy USA (MUSA) in the Consumer Goods sector with a Hold rating and a price target of $ 227 (5 days ago).
TipRanks.com also reports that Murphy USA currently has 3 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $227.67 . The target pricing ranges from a high forecast of $270.00 down to a low forecast of $186.00. Murphy USA (MUSA)’s last closing price was $$248.49 which would put the average price target at -8.38% upside.Here are 3rd party ratings for MUSA:
- TipRanks.com: Moderate Buy
- TradingView.com: Strong Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Top 12% (30 out of 253)
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Reynolds Consumer Products
Symbol: REYN
Recent Price: $$28.62
Average Analyst Price Target: $32.00 (11.81%)
Market Cap: $$6.01B
Expected Ex-Dividend Date: May 16 2022
Expected Payment Date: May 31 2022
Expected Dividend & Yield: 3.19%
Recent Analyst Action: Nik Modi, analyst at RBC Capital, reiterates coverage on Reynolds Consumer Products (REYN) in the Consumer Goods sector with a Buy rating and a price target of $ 33 (5 days ago).
TipRanks.com also reports that Reynolds Consumer Products currently has 7 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $32.00 . The target pricing ranges from a high forecast of $40.00 down to a low forecast of $26.00. Reynolds Consumer Products (REYN)’s last closing price was $$28.62 which would put the average price target at 11.81% upside.Here are 3rd party ratings for REYN:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Bottom 22% (197 out of 253)
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Brunswick
Symbol: BC
Recent Price: $$79.66
Average Analyst Price Target: $110.09 (38.20%)
Market Cap: $$6.03B
Expected Ex-Dividend Date: May 17 2022
Expected Payment Date: Jun 15 2022
Expected Dividend & Yield: 1.76%
Recent Analyst Action: Brett Andress, analyst at KeyBanc, reiterates coverage on Brunswick (BC) in the Consumer Goods sector with a Buy rating and a price target of $ 100 (2 weeks ago).
TipRanks.com also reports that Brunswick currently has 11 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $110.09 . The target pricing ranges from a high forecast of $123.00 down to a low forecast of $90.00. Brunswick (BC)’s last closing price was $$79.66 which would put the average price target at 38.20% upside.Here are 3rd party ratings for BC:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Top 27% (69 out of 253)
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Compagnie Générale des Établissements Michelin
Symbol: MGDDF
Recent Price: $$120.68
Average Analyst Price Target: $163.91 (35.82%)
Market Cap: $$21.52B
Expected Ex-Dividend Date: May 17 2022
Expected Payment Date: May 19 2022
Expected Dividend & Yield: 3.73%
Recent Analyst Action: Jose Asumendi, analyst at J.P. Morgan, reiterates coverage on Compagnie Générale des Établissements Michelin (MGDDF) in the Consumer Goods sector with a Hold rating and a price target of $ 145.69 (1 day ago).
TipRanks.com also reports that Compagnie Générale des Établissements Michelin currently has 8 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $163.91 . The target pricing ranges from a high forecast of $181.08 down to a low forecast of $145.69. Compagnie Générale des Établissements Michelin (MGDDF)’s last closing price was $$120.68 which would put the average price target at 35.82% upside.Here are 3rd party ratings for MGDDF:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: n/a, n/a
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Target
Symbol: TGT
Recent Price: $$219.73
Average Analyst Price Target: $278.50 (28.55%)
Market Cap: $$101.88B
Expected Ex-Dividend Date: May 17 2022
Expected Payment Date: Jun 10 2022
Expected Dividend & Yield: 1.64%
Recent Analyst Action: Steven Shemesh, analyst at RBC Capital, reiterates coverage on Target (TGT) in the Consumer Goods sector with a Buy rating and a price target of $ 294 (3 days ago).
TipRanks.com also reports that Target currently has 19 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $278.50 . The target pricing ranges from a high forecast of $302.00 down to a low forecast of $240.00. Target (TGT)’s last closing price was $$219.73 which would put the average price target at 28.55% upside.Here are 3rd party ratings for TGT:
- TipRanks.com: Strong Buy
- TradingView.com: Sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Buy, Top 33% (84 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
