Ex-Dividend Stocks: Intuit, OGE Energy
NEW YORK (TheStreet) -- The following stocks go ex-dividend Friday, meaning an investor must purchase the shares Thursday to qualify for the next dividend payment: Intuit(INTU) , Lincoln National(LNC) and OGE Energy(OGE) .
The business management solutions company reported third-quarter earnings on May 17 of $734 million, or $2.42 a share, up from year-earlier earnings of $688 million, or $2.20 a share.
"INTU's F3Q12 10-Q recapped the recent Demandforce transaction, provided detail around INTU's share repurchase activity YTD, and reviewed segment results," Jefferies analysts wrote in a May 30 report. "We have updated our model to reflect: i) the more detailed Balance Sheet breakout, and ii) the Demandforce transaction, which is expected to add 1-2pp to INTU's FY13 rev growth and be neutral/ modestly accretive to EPS in FY12/13. Maintain Hold and $55 PT."
Forward Annual Dividend Yield: 1.1%