NEW YORK ( TheStreet) -- These stocks go ex-dividend Friday, meaning an investor must purchase the stocks Thursday to qualify for the next dividend payment: Colgate-Palmolive ( CL) and Siemens ( SI). Both companies received buy ratings from TheStreet Ratings.
Colgate-Palmolive is a consumer products company that makes products such as liquid hand soap and toothpaste. The company's fourth-quarter earnings are scheduled for next Thursday. Forward Annual Dividend Yield: 2.6% Rated "A (Buy)" by TheStreet Ratings: The company's third-quarter gross profit margin was basically the same as the previous year. Colgate-Palmolive has weak liquidity. Its Quick Ratio is 0.62, which demonstrates a lack of ability to meet its short-term cash needs. In the third quarter, stockholders' net worth remained about the same from the prior year. TheStreet Ratings' price target is $113.05. Shares closed Wednesday at $90.31.