Dividend Daily: 7 Income Plays to Sweeten Your July

• By Staff Editor
• Jul 18 2024

In this article, we'll explore eight companies across various sectors, providing you with valuable insights to help you make informed investment decisions.

Dell Technologies Inc.
Ticker: DELL
Recent Price: $125.17
Average Analyst Price Target: $161.00 (28.63%)
Market Cap: $88.74B
Last Dividend Amount: $0.45
Expected Ex-Dividend Date: Jul 23 2024
Expected Payment Date: Aug 02 2024
Expected Dividend & Yield: 1.42%

Here are 3^rd party ratings for DELL:

• TipRanks.com: Buy
• Barchart.com: Weak buy
• Zacks.com: Buy, Bottom 37% (157 out of 250)

Last Analyst News: Amit Daryanani analyst at Evercore ISI reiterates coverage on Dell Technologies Inc. (DELL) in the Technology sector with a Buy rating and has set a price target of $165.

Editor's Insights: Dell is a leading IT solutions provider with a diversified product portfolio. With a Buy rating from analysts and a bullish price target, the stock could present an attractive investment opportunity, especially for those seeking tech exposure. However, the cyclicality of the tech sector should be considered alongside Dell's strong market position and positive analyst sentiment.

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Dynex Capital, Inc.
Ticker: DX
Recent Price: $12.53
Average Analyst Price Target: $13.69 (9.24%)
Market Cap: $936.09M
Last Dividend Amount: $0.13
Expected Ex-Dividend Date: Jul 23 2024
Expected Payment Date: Aug 01 2024
Expected Dividend & Yield: 12.45%

Here are 3^rd party ratings for DX:

• TipRanks.com: Buy
• Barchart.com: n/a
• Zacks.com: Hold, Bottom 14% (216 out of 250)

Last Analyst News: Eric Hagen analyst at BTIG reiterates coverage on Dynex Capital, Inc. (DX) in the Real Estate sector with a Buy rating and has set a price target of $15.

Editor's Insights: Dynex Capital originates various loan types, including mortgages and commercial real estate. The high 12.45% dividend yield and BTIG's Buy rating make it appealing for income investors. However, caution is warranted due to the niche loan focus and mixed analyst ratings, despite the attractive dividend.

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The Greenbrier Companies, Inc.
Ticker: GBX
Recent Price: $48.96
Average Analyst Price Target: $55.75 (13.87%)
Market Cap: $1.52B
Last Dividend Amount: $0.30
Expected Ex-Dividend Date: Jul 23 2024
Expected Payment Date: Aug 13 2024
Expected Dividend & Yield: 2.45%

Here are 3^rd party ratings for GBX:

• TipRanks.com: Hold
• Barchart.com: Weak sell
• Zacks.com: Buy, Top 38% (96 out of 250)

Last Analyst News: Steve Barger analyst at KeyBanc reiterates coverage on The Greenbrier Companies, Inc. (GBX) in the Industrials sector with a Hold rating.

Editor's Insights: As a leading railcar supplier, repair service provider, and lessor to the railroad industry, Greenbrier has a strong industry position. The Zacks Buy rating suggests an intriguing opportunity, although mixed analyst views reflect the double-edged sword of being tied to railroad sector performance.

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Argan, Inc.
Ticker: AGX
Recent Price: $76.50
Average Analyst Price Target: $85.00 (11.11%)
Market Cap: $1.02B
Last Dividend Amount: $0.30
Expected Ex-Dividend Date: Jul 23 2024
Expected Payment Date: Jul 31 2024
Expected Dividend & Yield: 1.57%

Here are 3^rd party ratings for AGX:

• TipRanks.com: Buy
• Barchart.com: Strong buy
• Zacks.com: n/a, n/a

Last Analyst News: Robert Brown analyst at Lake Street reiterates coverage on Argan, Inc. (AGX) in the Industrials sector with a Buy rating and has set a price target of $85.

Editor's Insights:  Argan provides wiring services to the government and utilities via its subsidiary. Strong Buy ratings and a bullish $85 price target from Lake Street indicate potential upside. While the focused model and positive sentiment are interesting, Argan's small size and niche market warrant consideration.

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Lowe's Companies, Inc.
Ticker: LOW
Recent Price: $243.04
Average Analyst Price Target: $249.20 (2.53%)
Market Cap: $138.49B
Last Dividend Amount: $1.15
Expected Ex-Dividend Date: Jul 24 2024
Expected Payment Date: Aug 07 2024
Expected Dividend & Yield: 1.89%

Here are 3^rd party ratings for LOW:

• TipRanks.com: Hold
• Barchart.com: buy
• Zacks.com: Hold, Bottom 32% (169 out of 250)

Last Analyst News: Max Rakhlenko analyst at TD Cowen reiterates coverage on Lowe's Companies, Inc. (LOW) in the Consumer Cyclical sector with a Hold rating and has set a price target of $240.

Editor's Insights: Lowe's is a major home improvement retailer serving various customer segments. Barchart's Buy recommendation suggests potential gains, leveraging Lowe's brand strength and exposure to the resilient home improvement sector. However, competition and macroeconomic factors could impact performance despite the sector's defensive qualities.

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Antero Midstream Corporation
Ticker: AM
Recent Price: $14.56
Average Analyst Price Target: $14.75 (1.30%)
Market Cap: $7.01B
Last Dividend Amount: $0.23
Expected Ex-Dividend Date: Jul 24 2024
Expected Payment Date: Aug 07 2024
Expected Dividend & Yield: 6.18%

Here are 3^rd party ratings for AM:

• TipRanks.com: Hold
• Barchart.com: Strong buy
• Zacks.com: Hold, Bottom 18% (206 out of 250)

Last Analyst News: Manav Gupta analyst at UBS reiterates coverage on Antero Midstream Corporation (AM) in the Energy sector with a Hold rating and has set a price target of $15.

Editor's Insights: Providing integrated midstream services in the Marcellus and Utica Shale plays, Antero offers an attractive 6.18% dividend yield and a Strong Buy from Barchart, appealing to income investors. However, the volatile energy sector exposure and mixed analyst ratings temper the appeal of the high dividend.

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Krispy Kreme, Inc.
Ticker: DNUT
Recent Price: $11.47
Average Analyst Price Target: $15.88 (38.40%)
Market Cap: $1.93B
Last Dividend Amount: $0.04
Expected Ex-Dividend Date: Jul 24 2024
Expected Payment Date: Aug 07 2024
Expected Dividend & Yield: 1.22%

Here are 3^rd party ratings for DNUT:

• TipRanks.com: Buy
• Barchart.com: sell
• Zacks.com: Sell, Top 38% (96 out of 250)

Last Analyst News: Sara Senatore analyst at Bank of America Securities reiterates coverage on Krispy Kreme, Inc. (DNUT) in the Consumer Defensive sector with a Buy rating.

Editor's Insights: The well-known Krispy Kreme brand operates in the relatively defensive consumer sector. While ratings are mixed, the TipRanks and BofA Buy ratings, alongside substantial upside potential per the average price target, present an intriguing opportunity balanced by risks like competition and shifting consumer preferences.

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And there you have it.

We hope this report provides you with valuable insights to enhance your dividend investment strategy but again, these are not recommendations but worth looking into.

Best regards,

The Editor 

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