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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:
Western Union(WU - Get Report),
Total(TOT - Get Report),
Rayonier(RYN - Get Report),
National Oilwell Varco(NOV),
Mead Johnson(MJN - Get Report),
Fidelity National Financial(FNF),
Each of the stocks received a buy rating from
The money transferring company reported last month fourth-quarter earnings of $452.3 million, or 73 cents a share, up from year-ago earnings of $242.6 million, or 37 cents.
"While WU should have better managed expectations around '12 margins, and the margin expansion part of the story has been pushed out a year, we believe the investments which are inhibiting near-term margin improvement (WU.com, mobile) will help promote longer-term top-line growth," Jefferies analysts wrote in a March 6 report. "At ~$100M in revs, WU.com likely makes WU the largest player in online money transfer, which we expect will remain dwarfed by the traditional cash-based model for the foreseeable future, but we believe is generally additive rather than cannibalistic to WU's core business."
Forward Annual Dividend Yield: 2.3%
Rated "B (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin increased from the previous year.
In the fourth quarter, stockholders' net worth increased 53.56% from the prior year.
TheStreet Ratings' price target is
$20.07. The stock closed Monday at $17.78 and has declined 2.63% year to date.