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Energy,Dividend

Ex-Dividend Dates Starting Today April 27th: Energy Dividend Stocks

April 27th, 2022 

 

From the desk of The Editor

 

Dear Reader,

 

We have identified several energy 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:


EDP Renovaveis
Symbol: EDRVF
Recent Price: $$24.41
Average Analyst Price Target: $24.62 (0.86%)
Market Cap: $$23.45B
Expected Ex-Dividend Date: Apr 27 2022
Expected Payment Date: Apr 29 2022
Expected Dividend & Yield: 0.39%

Recent Analyst Action: Jorge Alonso, analyst at Societe Generale, reiterates coverage on EDP Renovaveis (EDRVF) in the Utilities sector with a Sell rating and a price target of $ 22.35 (1 day ago). 

TipRanks.com also reports that EDP Renovaveis currently has 7 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $24.62 . The target pricing ranges from a high forecast of $29.27 down to a low forecast of $18.52. EDP Renovaveis (EDRVF)’s last closing price was $$24.41  which would put the average price target at 0.86% upside.

Here are 3rd party ratings for EDRVF:

  • TipRanks.com: Moderate Buy
  • TradingView.com: n/a
  • Yahoo! Finance: Neutral Short-Term Outlook
  • Barchart.com: n/a
  • Zacks.com: n/a, n/a
Click for chart >>
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AES
Symbol: AES
Recent Price: $$21.37
Average Analyst Price Target: $28.28 (32.34%)
Market Cap: $$14.26B
Expected Ex-Dividend Date: Apr 28 2022
Expected Payment Date: May 13 2022
Expected Dividend & Yield: 2.79%

Recent Analyst Action: Nicholas Campanella, analyst at Credit Suisse, reiterates coverage on AES (AES) in the Utilities sector with a Hold rating and a price target of $ 25 (2 days ago). 

TipRanks.com also reports that AES currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $28.28 . The target pricing ranges from a high forecast of $32.50 down to a low forecast of $25.00. AES (AES)’s last closing price was $$21.37  which would put the average price target at 32.34% upside.

Here are 3rd party ratings for AES:

  • TipRanks.com: Strong Buy
  • TradingView.com: Sell
  • Yahoo! Finance: Bearish Short-Term Outlook
  • Barchart.com: sell
  • Zacks.com: Sell, Bottom 36% (162 out of 253)
Click for chart >>
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Nisource
Symbol: NI
Recent Price: $$30.14
Average Analyst Price Target: $33.00 (9.49%)
Market Cap: $$12.23B
Expected Ex-Dividend Date: Apr 28 2022
Expected Payment Date: May 20 2022
Expected Dividend & Yield: 2.96%

Recent Analyst Action: Unknown Analyst, analyst at Credit Suisse, reiterates coverage on Nisource (NI) in the Utilities sector with a Hold rating and a price target of $ 32 (2 days ago). 

TipRanks.com also reports that Nisource currently has 8 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $33.00 . The target pricing ranges from a high forecast of $36.00 down to a low forecast of $28.00. Nisource (NI)’s last closing price was $$30.14  which would put the average price target at 9.49% upside.

Here are 3rd party ratings for NI:

  • TipRanks.com: Moderate Buy
  • TradingView.com: Sell
  • Yahoo! Finance: Bearish Short-Term Outlook
  • Barchart.com: buy
  • Zacks.com: Buy, Bottom 36% (162 out of 253)
Click for chart >>
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Northland Power
Symbol: NPIFF
Recent Price: $$30.82
Average Analyst Price Target: $36.36 (17.98%)
Market Cap: $$6.99B
Expected Ex-Dividend Date: Apr 28 2022
Expected Payment Date: May 16 2022
Expected Dividend & Yield: 3.06%

Recent Analyst Action: Mark Jarvi, analyst at CIBC, reiterates coverage on Northland Power (NPIFF) in the Utilities sector with a Buy rating and a price target of $ 34.38 (6 days ago). 

TipRanks.com also reports that Northland Power currently has 10 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $36.36 . The target pricing ranges from a high forecast of $39.85 down to a low forecast of $32.82. Northland Power (NPIFF)’s last closing price was $$30.82  which would put the average price target at 17.98% upside.

Here are 3rd party ratings for NPIFF:

  • TipRanks.com: Strong Buy
  • TradingView.com: n/a
  • Yahoo! Finance: Neutral Short-Term Outlook
  • Barchart.com: Weak buy
  • Zacks.com: n/a, n/a
Click for chart >>
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Northwest Gas
Symbol: NWN
Recent Price: $$49.64
Average Analyst Price Target: $55.50 (11.80%)
Market Cap: $$1.70B
Expected Ex-Dividend Date: Apr 28 2022
Expected Payment Date: May 13 2022
Expected Dividend & Yield: 3.86%

Recent Analyst Action: Shelby Tucker, analyst at RBC Capital, reiterates coverage on Northwest Gas (NWN) in the Utilities sector with a Hold rating and a price target of $ 50 (1 week ago). 

TipRanks.com also reports that Northwest Gas currently has 4 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $55.50 . The target pricing ranges from a high forecast of $62.00 down to a low forecast of $50.00. Northwest Gas (NWN)’s last closing price was $$49.64  which would put the average price target at 11.80% upside.

Here are 3rd party ratings for NWN:

  • TipRanks.com: Moderate Buy
  • TradingView.com: n/a
  • Yahoo! Finance: Bearish Short-Term Outlook
  • Barchart.com: Weak buy
  • Zacks.com: Sell, Top 27% (69 out of 253)
Click for chart >>
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Targa Resources
Symbol: TRGP
Recent Price: $$73.80
Average Analyst Price Target: $87.07 (17.98%)
Market Cap: $$16.85B
Expected Ex-Dividend Date: Apr 28 2022
Expected Payment Date: May 16 2022
Expected Dividend & Yield: 1.36%

Recent Analyst Action: Robert Kad, analyst at Morgan Stanley, reiterates coverage on Targa Resources (TRGP) in the Utilities sector with a Buy rating and a price target of $ 103 (1 day ago). 

TipRanks.com also reports that Targa Resources currently has 14 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $87.07 . The target pricing ranges from a high forecast of $103.00 down to a low forecast of $71.00. Targa Resources (TRGP)’s last closing price was $$73.80  which would put the average price target at 17.98% upside.

Here are 3rd party ratings for TRGP:

  • TipRanks.com: Strong Buy
  • TradingView.com: Neutral
  • Yahoo! Finance: Bearish Short-Term Outlook
  • Barchart.com: Strong buy
  • Zacks.com: Buy, Bottom 34% (166 out of 253)
Click for chart >>
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Transglobe Energy
Symbol: TGA
Recent Price: $$4.42
Average Analyst Price Target: $6.31 (42.76%)
Market Cap: $$321.66M
Expected Ex-Dividend Date: Apr 28 2022
Expected Payment Date: May 12 2022
Expected Dividend & Yield: 2.25%

Recent Analyst Action: Charlie Sharp, analyst at Canaccord Genuity, reiterates coverage on Transglobe Energy (TGA) in the Utilities sector with a Buy rating and a price target of $ 6.31 (2 weeks ago). 

TipRanks.com also reports that Transglobe Energy currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $6.31 . The target pricing ranges from a high forecast of $6.31 down to a low forecast of $6.31. Transglobe Energy (TGA)’s last closing price was $$4.42  which would put the average price target at 42.76% upside.

Here are 3rd party ratings for TGA:

  • TipRanks.com: Moderate Buy
  • TradingView.com: Buy
  • Yahoo! Finance: Bearish Short-Term Outlook
  • Barchart.com: Strong buy
  • Zacks.com: n/a, n/a
Click for chart >>
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Whitecap Resources
Symbol: SPGYF
Recent Price: $$7.92
Average Analyst Price Target: $11.27 (42.93%)
Market Cap: $$4.88B
Expected Ex-Dividend Date: Apr 28 2022
Expected Payment Date: May 16 2022
Expected Dividend & Yield: 2.35%

Recent Analyst Action: Luke Davis, analyst at RBC Capital, reiterates coverage on Whitecap Resources (SPGYF) in the Utilities sector with a Buy rating and a price target of $ 10.16 (2 days ago). 

TipRanks.com also reports that Whitecap Resources currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $11.27 . The target pricing ranges from a high forecast of $13.67 down to a low forecast of $9.38. Whitecap Resources (SPGYF)’s last closing price was $$7.92  which would put the average price target at 42.93% upside.

Here are 3rd party ratings for SPGYF:

  • TipRanks.com: Strong Buy
  • TradingView.com: n/a
  • Yahoo! Finance: Neutral Short-Term Outlook
  • Barchart.com: buy
  • Zacks.com: n/a, n/a
Click for chart >>
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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