8 Ex-Dividend Stocks With Buy Ratings

NEW YORK ( TheStreet) -- These stocks go ex-dividend Wednesday, meaning an investor must purchase the stocks Tuesday to qualify for the next dividend payment: Caterpillar ( CAT), Cracker Barrel ( CBRL), Enersis ( ENI), Friedman Industries ( FRD), General Dynamics ( GD), Main Street Capital ( MAIN), Robbins & Myers ( RBN) and A. Schulman ( SHLM).

All of these stocks have been given buy ratings from TheStreet Ratings.

Main Street Capital

Main Street Capital is a business development firm that focuses on small- and lower-middle-market companies. In the fourth quarter, Main Street completed $42.7 million investments in lower-middle-market portfolios.

Forward Annual Dividend Yield: 7.6%

Rated "B (Buy)" by TheStreet Ratings: The company's third-quarter gross profit margin increased from the prior year.

In the third quarter, stockholders' net worth increased 41.58% from the previous year.

TheStreet Ratings' price target is $25.25. Shares of Main Street Capital closed Friday at $21.41.

Enersis is an electric utility company.

Forward Annual Dividend Yield: 4.5%

Rated "B- (Buy)" by TheStreet Ratings: The company's third-quarter gross profit margin increased from one year ago.

Enersis' liquidity is weak. Its Quick Ratio is 0.90, which demonstrates a lack of ability to meet short-term cash needs.

In the third quarter, shareholders' net worth stayed about the same from the previous year.

TheStreet Ratings' price target for $20.86. Shares closed Friday at $17.71.

Friedman Industries

Friedman Industries is a steel processing company. The company's second-quarter earnings, which were reported in November, were about $2.3 million on sales of about $42 million.

Forward Annual Dividend Yield: 4.3%

Rated "B (Buy)" by TheStreet Ratings: The company's second-quarter gross profit margin decreased from a year ago.

Friedman is extremely liquid. Its Quick Ratio is 3.13, which means the company can cover its short-term cash needs.

In the second quarter, stockholders' net worth increased 4.11% from the prior year.

TheStreet Ratings' price target is $15.72. Shares closed Friday at $12.15.

A. Schulman

A. Schulman provides plastic compounds and resins related to automotive, industrial, consumer products and packaging applications. The company reported first-quarter net income of $13.6 million, up from $9.2 million last year.

Forward Annual Dividend Yield: 3%

Rated "B (Buy)" by TheStreet Ratings: The company's first-quarter gross profit margin was basically the same from the previous year.

A. Schulman's liquidity is average. Its Quick Ratio is 1.31, showing that it can technically meet its short-term cash needs.

In the first quarter, stockholders' net worth increased 1.10% from a year ago.

TheStreet Ratings' price target is $26.15. Shares closed at $22.30 on Friday.

General Dynamics

General Dynamics is an aviation and defense products company. Last week, General Dynamics Information Technology got a $26.2 million contract, if all options are exercised, from the U.S. Department of the Interior, Bureau of Safety and Environmental Enforcement to provide support for the Offshore Energy and Minerals Management program.

Forward Annual Dividend Yield: 2.7%

Rated "B (Buy)" by TheStreet Ratings: The company's third-quarter gross profit margin increased from one year ago.

General Dynamics has weak liquidity. Its Quick Ratio is 0.54, which demonstrates a lack of ability to meet short-term cash needs.

In the third quarter, stockholders' net equity remained the same from the previous year.

TheStreet Ratings' price target is $81.94. Shares of General Dynamics closed at $70.60 on Friday.

Cracker Barrel

Cracker Barrel is a restaurant and retailer. Cracker Barrel Founder Dan Evins died on Saturday at the age of 76. The company's November comparable-restaurant sales increased 1.2% from the previous year and comparable retail sales rose 2.7%.

Forward Annual Dividend Yield: 1.9%

Rated "B+ (Buy)" by TheStreet Ratings: The company's first-quarter gross profit margins basically remained the same from the prior year.

Cracker Barrel's liquidity is very weak. Its Quick Ratio is 0.24, clearly showing a lack of ability to meet short-term cash needs.

In the first quarter, shareholders' net worth increased 30.99% from the previous year.

TheStreet Ratings' price target is $60.79. Cracker Barrel shares closed Friday at $52.73.

Caterpillar

Caterpillar ( CAT) produces and sells mining and construction equipment. Caterpillar is scheduled to announce its 2011 full-year and fourth quarter earnings on Jan. 26. The average analyst earnings per share estimate for Caterpillar is $1.73, according to Zacks data.

Forward Annual Dividend Yield: 1.8%

Rated "B+ (Buy)" by TheStreet Ratings: The company's third-quarter gross profit margin decreased from the previous year.

Caterpillar's liquidity is weak. Its Quick Ratio is 0.82, which demonstrates a lack of ability to meet short-term cash needs.

In the third quarter, shareholders' net worth has increased 43.96% from the prior year.

TheStreet Ratings' price target on Caterpillar is $117.74. Shares closed Friday at $102.48.

Robbins & Myers

Robbins & Myers designs and creates equipment and systems for the global industrial, chemical and pharmaceutical markets. The company reported first-quarter net earnings of 77 cents a share, an increase from 44 cents the previous year.

Robbins & Myers also increased its dividend to 5 cents a share from 4.5 cents.

Forward Annual Dividend Yield: 0.4%

Rated "A (Buy)" by TheStreet Ratings: The company's first-quarter gross profit margin was basically the same from the prior year.

Robbins & Myers is extremely liquid. Its Quick Ratio is 2.32, which shows the company can meet its short-term cash needs.

In the first quarter, stockholders' net equity increased 132.65% from the previous year.

TheStreet Ratings' price target is $68.21. Shares closed Friday at $51.03.

-- Written by Alexandra Zendrian

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