Ex-Dividend Stocks: Gentex, Kimco Realty
"Simpson remains on a shopping spree of a magnitude not seen in this analyst's 7-year history of covering the company," D.A. Davidson analysts wrote in an April 30 report. "After closing on four deals in the last couple of quarters, Simpson announced the March acquisition of CarbonWrap Solutions, a producer of fiber-reinforced polymer products used in infrastructure and transportation (read non-residential) products. Simpson paid $5.5 million for CarbonWrap - sales and earnings are not yet known. Despite the flurry of acquisitions, Simpson remains in a $160 million net cash position, which is projected to grow, absent new deals (it is looking). While we don't believe that 2012 is the year of the full blown housing recovery, we believe it is on the horizon, and remain constructive on Simpson shares at current levels."
Forward Annual Dividend Yield: 1.8%