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%
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