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: Foot Locker (FL), Potash (POT), Mid-America Apartment Communities (MAA), Morningstar (MORN), Service Corp. International (SCI), Trinity Industries (TRN) and Yum! Brands (YUM)
The shoe retailer is scheduled to report second-quarter earnings on Aug. 12. Analysts, on average, anticipate earnings of 32 cents a share on $1.34 billion in revenue.
"FL is looking to increase its women's apparel assortment at Lady Foot Locker," Sterne Agee analysts wrote in a June 8 report. "The company is working on 14 new store remodels, and testing of new stores to achieve this goal. Management believes that their female customer is looking for compelling athletic apparel products, but at reasonable prices (versus other more expensive retailers). Management was very positive on both the Under Armour (UA-$99.82-Buy) and Nike (NKE-$107.36-Buy) products. We have long held the view that women's athletic apparel is best sold in female-friendly channels such as Nordstrom (JWN-$47.66-NR) and Lady FL, rather than Dicks Sporting Goods (DKS- $46.44-Buy) or the Sports Authority. The company is also testing prototype concepts for Foot Locker and Champs. If the numerous tests are successful, the company will accelerate its store openings over the next few years."Forward Annual Dividend Yield: 2.4%
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $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
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV