3 Ex-Dividend Stocks With Buy Ratings
NEW YORK (TheStreet) -- The following stocks go ex-dividend Tuesday, meaning with the Presidents' Day holiday on Monday that an investor must purchase the shares Friday to qualify for the next dividend payment: Applied Materials(AMAT) , Columbia Sportswear(COLM) and Mattel(MAT) .
Each of the stocks gets a buy rating from TheStreet Ratings.
See the complete Dividend Calendar.
The maker of semiconductor capital equipment reported Thursday first-quarter non-GAAP earnings of $117 million, or 18 cents a share, above analysts' expectations of 12 cents a share.
"We expect shares to trade in line with industry average P/E as we expect earnings growth over the next 3 years to be in line with industry average earnings growth," Deutsche Bank analysts wrote in a report Thursday. "Upside risks include stronger than expected share gains and a stronger industry upturn resulting in higher P/E multiples. Downside risks include sharper than expected decline in the solar business and a more pronounced downturn in foundry/DRAM segments."
Forward Annual Dividend Yield: 2.5%
Rated "B (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin decreased from the prior year.
Applied Materials is extremely liquid. Its Quick Ratio is 2.78, which shows the company can meet its short-term cash needs.
In the fourth quarter, stockholders' net worth increased 16.77% from the previous year.