NEW YORK (TheStreet) -- The following stocks go ex-dividend Friday, meaning an investor must purchase the shares Thursday to qualify for the next dividend payment: D.R. Horton (DHI), Magellan Midstream Partners (MMP) and Nokia (NOK).
The homebuilder reported on April 23 second-quarter earnings of $40.6 million, or 13 cents a share, up from year-earlier earnings of $27.8 million, or 9 cents.
"We are lowering our interest expense for DHI's financial services unit because recent results have been substantially less than our estimates," Guggenheim analysts wrote in an April 26 report. "We think this reduction should more than offset the added expense of the new debt offering."Forward Annual Dividend Yield: 0.9%
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