Dear Reader,
We have identified several consumer stocks which are expected to go “Ex-Dividend” starting Tuesday, July 12th.
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:
Metcash Limited
Recent MCSHF Stock Price: $3.25
Average Analyst Price Target: $3.21 (-1.23%)
MCSHF Market Cap: $2.85B
Expected Ex-Dividend Date for MCSHF stock: Jul 12 2022
Expected Payment Date for MCSHF stock: Aug 10 2022
Expected Dividend & Yield for MCSHF stock: 5.11%
Recent Analyst Action: Bryan Raymond, analyst at J.P. Morgan, reiterates coverage on Metcash Limited (MCSHF) stock in the Consumer Goods sector with a Buy rating and a price target of $ 3.3 (1 week ago).
TipRanks.com also reports that Metcash Limited stock currently has 10 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $3.21 . The target pricing ranges from a high forecast of $3.44 down to a low forecast of $3.02. Metcash Limited (MCSHF)’s last closing stock price was $3.25 which would put the average price target at -1.23% upside.
Here are 3rd party ratings for MCSHF stock:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: n/a
- Zacks.com: n/a, n/a
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Foot Locker
Recent FL Stock Price: $25.56
Average Analyst Price Target: $34.17 (33.69%)
FL Market Cap: $2.42B
Expected Ex-Dividend Date for FL stock: Jul 14 2022
Expected Payment Date for FL stock: Jul 29 2022
Expected Dividend & Yield for FL stock: 4.75%
Recent Analyst Action: Kate McShane, analyst at Goldman Sachs, reiterates coverage on Foot Locker (FL) stock in the Consumer Goods sector with a Hold rating and a price target of $ 28 (1 week ago).
TipRanks.com also reports that Foot Locker stock currently has 13 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $34.17 . The target pricing ranges from a high forecast of $61.00 down to a low forecast of $23.00. Foot Locker (FL)’s last closing stock price was $25.56 which would put the average price target at 33.69% upside.
Here are 3rd party ratings for FL stock:
- TipRanks.com: Hold
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 30% (176 out of 251)
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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
