NEW YORK (TheStreet) -- The following stocks go ex-dividend Tuesday, meaning an investor must purchase the shares Monday to qualify for the next dividend payment: Philip Morris International (PM), ProAssurance (PRA), Kaydon (KDN), Cypress Semiconductor (CY) and Cohen & Steers (CNS).
Each of the stocks received a buy rating from TheStreet Ratings.
Philip Morris International
Regarding the Tobacco Plain Packaging Act, "PM is already pursuing arbitration under the Hong Kong-Australia Bilateral Investment Treaty and is waiting for the selection of a third member of the arbitration panel," Jefferies analysts said in a March 19 report. "The major global tobacco companies are also pursuing domestic legal challenges against the law."Forward Annual Dividend Yield: 3.6% Rated "B (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin was basically the same as it was a year ago. Philip Morris International has very weak liquidity. Its Quick Ratio is 0.39, which demonstrates a lack of ability to meet its short-term cash needs. In the fourth quarter, stockholders' net worth decreased 93.46% from the prior year. TheStreet Ratings' price target is $112.74.
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