Please check your email for my Ex-Dividend Calendar for November 2021 or view it here:
Every single stock you’ll see on my calendar is a stock that I personally own and that is going ex-dividend this month. That means, if you own shares BEFORE their respective ex-dividend date, you are entitled to collect their next dividend payment. Buy shares on or after the ex-dividend date, and you will not collect the next payout.
Out of all of the stocks you see on the calendar, there are three in particular that I’d consider “strong buys” at recent prices based on their valuations.
These stocks are:
- Amgen (AMGN)
- NASDAQ 100 Covered Call ETF (QYLD)
- Lockheed Martin (LMT)
A quick note about how cheap these stocks look right now…
AMGN goes ex-dividend on November 15, 2021 and has a pay date of December 8, 2021. Jason Fieber featured Amgen as his Undervalued Dividend Growth Stock of the Week in June and estimated its fair value price to be $262.57. At a recent share price of $208.68, shares appear roughly 20% undervalued right now.
I currently own 156 shares of AMGN in my regular brokerage account. With the stock paying $1.76 per share, I’ll be collecting $274.56 in dividends on December 8.
QYLD goes ex-dividend on November 22, 2021 and has a pay date of December 1, 2021. Dave Van Knapp just featured QYLD as his Dividend Growth Stock of the Month for October, and concluded that it could be bought whenever shares yield 11%-plus. Consider the stock is currently yielding 11.4%, now could be a great time to pick up shares.
I recently took advantage of this opportunity and purchased 441 shares of QYLD. Since I bought shares before their ex-dividend date, I’m expecting to collect around $88 on December 1.
LMT goes ex-dividend on November 30 with a pay date of December 27, 2021. Jason Fieber featured Lockheed Martin as his Undervalued Dividend Growth Stock of the Week in April and estimated its fair value price to be $500.53. Dave Van Knapp featured the stock as his High-Quality Dividend Growth Stock for April and estimated its fair value at $431 with a max buy of $475. At a recent share price of $331.91, LMT looks between 23% and 34% undervalued.
I currently own 100 shares of LMT in my regular brokerage account. Since the stock is paying $2.80 per share, I’m guaranteed a dividend “paycheck” worth $280 on December 27.
There are several more stocks going ex-dividend in November, so be sure to check out my full ex-dividend calendar in your email.
Also, I’ll be publishing my Ex-Dividend Calendar for December 2021 in late November / early December. It will feature another set of high-quality dividend growth stocks that are both undervalued AND going ex-dividend in the coming month.
As a Daily Trade Alert subscriber (it’s free), you’ll be among the first to get my calendar as soon as it’s ready. Just be sure to add our email address — DTA@DailyTradeAlert.com — to your address book or contact list now to help make sure you don’t miss the alert.
Thank you for being here, and talk soon!
Daily Trade Alert, Co-Founder