May 24th, 2022
From the desk of The Editor
Dear Reader,
The team over at EnergyStockMovers.com has identified several energy stocks which are expected to go “Ex-Dividend” starting today, May 24th.
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.
Petroleo Brasileiro SA- Petrobras
Symbol: PBR
Recent Price: $$15.53
Average Analyst Price Target: $16.90 (8.85%)
Market Cap: $$101.26B
Expected Ex-Dividend Date: May 24 2022
Expected Payment Date: Jul 27 2022
Expected Dividend & Yield: 27.48%
Recent Analyst Action: Luiz Carvalho, analyst at UBS, reiterates coverage on Petroleo Brasileiro SA- Petrobras (PBR) in the Utilities sector with a Buy rating and a price target of $ 17.3 (1 week ago).
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Vaalco Energy
Symbol: EGY
Recent Price: $$6.51
Average Analyst Price Target: $8.42 (29.39%)
Market Cap: $$383.31M
Expected Ex-Dividend Date: May 24 2022
Expected Payment Date: Jun 24 2022
Expected Dividend & Yield: 1.01%
Recent Analyst Action: Unknown Analyst, analyst at Canaccord Genuity, reiterates coverage on Vaalco Energy (EGY) in the Utilities sector with a Buy rating and a price target of $ 8.34 (1 month ago).
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GeoPark
Symbol: GPRK
Recent Price: $$15.91
Average Analyst Price Target: $20.00 (25.71%)
Market Cap: $$954.86M
Expected Ex-Dividend Date: May 25 2022
Expected Payment Date: Jun 10 2022
Expected Dividend & Yield: 1.60%
Recent Analyst Action: Vicente Falanga, analyst at Bradesco, reiterates coverage on GeoPark (GPRK) in the Utilities sector with a Buy rating and a price target of $ 20 (2 months ago).
Click for full story >>--------------------------------------------------------------------------
Enerplus
Symbol: ERF
Recent Price: $$13.09
Average Analyst Price Target: $17.15 (31.02%)
Market Cap: $$3.15B
Expected Ex-Dividend Date: May 26 2022
Expected Payment Date: Jun 15 2022
Expected Dividend & Yield: 1.06%
Recent Analyst Action: Cody Kwong, analyst at Stifel Nicolaus, reiterates coverage on Enerplus (ERF) in the Utilities sector with a Buy rating and a price target of $ 22.65 (2 weeks ago).
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Brookfield Infrastructure
Symbol: BIP
Recent Price: $$62.07
Average Analyst Price Target: $71.33 (14.92%)
Market Cap: $$18.95B
Expected Ex-Dividend Date: May 27 2022
Expected Payment Date: Jun 30 2022
Expected Dividend & Yield: 3.43%
Recent Analyst Action: Robert Kwan, analyst at RBC Capital, reiterates coverage on Brookfield Infrastructure (BIP) in the Utilities sector with a Buy rating and a price target of $ 70 (2 weeks ago).
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NextEra Energy
Symbol: NEE
Recent Price: $$72.55
Average Analyst Price Target: $92.15 (27.02%)
Market Cap: $$142.52B
Expected Ex-Dividend Date: May 27 2022
Expected Payment Date: Jun 15 2022
Expected Dividend & Yield: 2.27%
Recent Analyst Action: Stephen Byrd, analyst at Morgan Stanley, reiterates coverage on NextEra Energy (NEE) in the Utilities sector with a Hold rating and a price target of $ 86 (1 day ago).
Click for full story >>--------------------------------------------------------------------------
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