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Ex-Dividend Dates Coming This Week: Energy Dividend Stocks

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.


Consolidated Edison
Symbol: ED

Recent ED Price: $88.99
Average Analyst Price Target: $81.56 (-8.35%)
ED Market Cap: $32.27B
Expected Ex-Dividend Date for ED stock: Nov 15 2022
Expected Payment Date for ED stock: Dec 15 2022
Expected Dividend & Yield for ED stock: 3.56%

Recent Analyst Action: Shelby Tucker, analyst at RBC Capital, reiterates coverage on Consolidated Edison (ED) stock in the Utilities sector with a Hold rating and a price target of $ 90 (2 days ago). 

Click for full story on ED stock >>

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Coterra Energy
Symbol: CTRA

Recent CTRA Price: $28.13
Average Analyst Price Target: $36.00 (27.98%)
CTRA Market Cap: $21.71B
Expected Ex-Dividend Date for CTRA stock: Nov 15 2022
Expected Payment Date for CTRA stock: Nov 30 2022
Expected Dividend & Yield for CTRA stock: 9.76%

Recent Analyst Action: Sam Margolin, analyst at Wolfe Research, reiterates coverage on Coterra Energy (CTRA) stock in the Utilities sector with a Hold rating and a price target of n/a (4 days ago). 

Click for full story on CTRA stock >>

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Global Water Resources
Symbol: GWRS

Recent GWRS Price: $13.11
Average Analyst Price Target: $17.00 (29.67%)
GWRS Market Cap: $309.31M
Expected Ex-Dividend Date for GWRS stock: Nov 15 2022
Expected Payment Date for GWRS stock: Nov 30 2022
Expected Dividend & Yield for GWRS stock: 2.39%

Recent Analyst Action: Michael Gaugler, analyst at Janney Montgomery, reiterates coverage on Global Water Resources (GWRS) stock in the Utilities sector with a Buy rating and a price target of $ 17 (1 month ago). 

Click for full story on GWRS stock >>

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Marathon Oil
Symbol: MRO

Recent MRO Price: $32.79
Average Analyst Price Target: $32.93 (0.43%)
MRO Market Cap: $20.07B
Expected Ex-Dividend Date for MRO stock: Nov 15 2022
Expected Payment Date for MRO stock: Dec 12 2022
Expected Dividend & Yield for MRO stock: 0.95%

Recent Analyst Action: Scott Hanold, analyst at RBC Capital, reiterates coverage on Marathon Oil (MRO) stock in the Utilities sector with a Buy rating and a price target of $ 38 (4 days ago). 

Click for full story on MRO stock >>

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Marathon Petroleum
Symbol: MPC

Recent MPC Price: $122.12
Average Analyst Price Target: $133.31 (9.16%)
MPC Market Cap: $55.86B
Expected Ex-Dividend Date for MPC stock: Nov 15 2022
Expected Payment Date for MPC stock: Dec 12 2022
Expected Dividend & Yield for MPC stock: 2.00%

Recent Analyst Action: Ryan Todd, analyst at Piper Sandler, reiterates coverage on Marathon Petroleum (MPC) stock in the Utilities sector with a Hold rating and a price target of $ 153 (2 days ago). 

Click for full story on MPC stock >>

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Ormat Technologies
Symbol: ORA

Recent ORA Price: $100.1
Average Analyst Price Target: $95.00 (-5.09%)
ORA Market Cap: $5.61B
Expected Ex-Dividend Date for ORA stock: Nov 15 2022
Expected Payment Date for ORA stock: Nov 30 2022
Expected Dividend & Yield for ORA stock: 0.47%

Recent Analyst Action: Gerry Sweeney, analyst at Roth Capital, reiterates coverage on Ormat Technologies (ORA) stock in the Utilities sector with a Hold rating and a price target of $ 104 (4 days ago). 

Click for full story on ORA stock >>

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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.

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Sincerely,


The Editor, finmarketnews.com