NEW YORK (TheStreet) -- The following stocks go ex-dividend Wednesday, meaning an investor must purchase the shares Tuesday to qualify for the next dividend payment: Exxon Mobil (XOM), Boeing (BA), J.M. Smucker (SJM), American Electric Power (AEP), Altera (ALTR), CMS Energy (CMS), Olin (OLN), Parker Hannifin (PH), Spectra Energy (SE) and Techne (TECH).
Each of these stocks received a buy rating from TheStreet Ratings.
See the complete Dividend Calendar.
Exxon Mobil"XOM is the largest gas producer in the US and low gas prices could depress the stock in the near term," Oppenheimer analysts wrote in a Feb. 2 report. "XOM does not expect to curtail US gas production, but is shifting its onshore spending, excluding drilling to hold leases, away from dry gas to liquids-rich plays." Forward Annual Dividend Yield:2.2% Rated "B+ (Buy)" by TheStreet Ratings: Exxon Mobil has a $103 price target from TheStreet Ratings. The stock closed Monday at $85.75 and has risen 1.17% year to date.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV