Ex-Dividend Stocks: Ecolab, DSW

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: Ecolab(ECL) and DSW(DSW) .

Ecolab

The hospitality and industrial products company reported first-quarter earnings of $49.7 million, or 17 cents a share, down from year-earlier earnings of $93.6 million, or 40 cents a share.

"Ecolab hosted its annual tour of its booth at the National Restaurant Show," Jefferies analysts wrote in a May 8 report. "The tour highlighted improved confidence on growth prospects for North America Institutional, a discussion of competitive dynamics, and an update on the research pipeline. We reiterate our Buy rating."

Forward Annual Dividend Yield: 1.3%