Dear Reader,
We have identified several consumer 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:
Advance Auto Parts
Symbol: AAP
Recent Price: $165.55
Average Analyst Price Target: $234.43 (41.61%)
Market Cap: $10.45B
Expected Ex-Dividend Date: Jun 16 2022
Expected Payment Date: Jul 01 2022
Expected Dividend & Yield: 2.92%
Recent Analyst Action: Greg Melich, analyst at Evercore ISI, reiterates coverage on Advance Auto Parts (AAP) in the Consumer Goods sector with a Buy rating and a price target of $ 230 (3 weeks ago).
TipRanks.com also reports that Advance Auto Parts currently has 14 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $234.43 . The target pricing ranges from a high forecast of $275.00 down to a low forecast of $200.00. Advance Auto Parts (AAP)’s last closing price was $$165.55 which would put the average price target at 41.61% upside.Here are 3rd party ratings for AAP:
- TipRanks.com: Moderate Buy
- TradingView.com: Strong Sell
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 11% (224 out of 253)
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Turning Point Brands
Symbol: TPB
Recent Price: $26.95
Average Analyst Price Target: $50.00 (85.53%)
Market Cap: $497.48M
Expected Ex-Dividend Date: Jun 16 2022
Expected Payment Date: Jul 08 2022
Expected Dividend & Yield: 0.83%
Recent Analyst Action: Eric Des, analyst at Craig-Hallum, reiterates coverage on Turning Point Brands (TPB) in the Consumer Goods sector with a Buy rating and a price target of $ 50 (1 month ago).
TipRanks.com also reports that Turning Point Brands currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $50.00 . The target pricing ranges from a high forecast of $50.00 down to a low forecast of $50.00. Turning Point Brands (TPB)’s last closing price was $$26.95 which would put the average price target at 85.53% upside.Here are 3rd party ratings for TPB:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 32% (172 out of 253)
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UTZ Brands
Symbol: UTZ
Recent Price: $12.33
Average Analyst Price Target: $15.83 (27.74%)
Market Cap: $1.79B
Expected Ex-Dividend Date: Jun 16 2022
Expected Payment Date: Jul 07 2022
Expected Dividend & Yield: 1.69%
Recent Analyst Action: Bill Chappell, analyst at Truist Financial, reiterates coverage on UTZ Brands (UTZ) in the Consumer Goods sector with a Hold rating and a price target of $ 15 (1 month ago).
TipRanks.com also reports that UTZ Brands currently has 3 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $15.83 . The target pricing ranges from a high forecast of $16.50 down to a low forecast of $15.00. UTZ Brands (UTZ)’s last closing price was $$12.33 which would put the average price target at 27.74% upside.Here are 3rd party ratings for UTZ:
- TipRanks.com: Hold
- TradingView.com: Strong Sell
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 42% (147 out of 253)
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Vector Group
Symbol: VGR
Recent Price: $10.165
Average Analyst Price Target: $15.00 (47.57%)
Market Cap: $1.68B
Expected Ex-Dividend Date: Jun 16 2022
Expected Payment Date: Jun 29 2022
Expected Dividend & Yield: 7.32%
Recent Analyst Action: Ian Zaffino, analyst at Oppenheimer, reiterates coverage on Vector Group (VGR) in the Consumer Goods sector with a Buy rating and a price target of $ 14 (1 month ago).
TipRanks.com also reports that Vector Group currently has 2 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $15.00 . The target pricing ranges from a high forecast of $16.00 down to a low forecast of $14.00. Vector Group (VGR)’s last closing price was $$10.165 which would put the average price target at 47.57% upside.Here are 3rd party ratings for VGR:
- TipRanks.com: Moderate Buy
- TradingView.com: Strong Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 32% (172 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