Ex-Dividend Stocks: U.S. Steel, MeadWestvaco
NEW YORK (TheStreet) -- The following stocks go ex-dividend Monday, meaning an investor must purchase the shares Friday to qualify for the next dividend payment: U.S. Steel(X) , Waste Connections(WCN) , Sunoco Logistics Partners(SXL) and MeadWestvaco(MWV) .
The steel company reported on April 24 a first-quarter loss of $219 million, or $1.52 a share, wider than a year-earlier loss $86 million, or 60 cents.
"Its outlook for stable segment earnings QoQ, while higher than our estimate, missed consensus of $392M," Jefferies analysts wrote in an April 25 report. "Our 2012 est. increases on an upward revised steel price and tubular earnings forecast. With consensus estimates too high and steel market catalysts likely to be underwhelming near term in our view, we maintain our Hold rating."
Forward Annual Dividend Yield: 0.7%