Ex-Dividend Stocks: Merck, Macy's
"We are not yet seeing a robust recovery, although Cessna is still expecting flat / slightly up volumes in 2012," Credit Suisse analysts wrote in a May 22 report. "US customers continue to remain uncertain about placing orders for small-medium sized jets, Europe is 'fairly soft' (as per our trip to EBACE last week) outside of Germany. In emerging markets, Asia demand is 'reasonable', while Latin America is seeing 'good trends.' Pricing remains 'difficult,' and there is limited expectation for an imminent upturn in the backlog. There is 'reasonable growth' in the 25% of sales which is aftermarket. R&D will continue to move up, but as a proportion of sales, the headwind is likely behind us now."
Forward Annual Dividend Yield: 0.4%
-- Written by Alexandra Zendrian
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