NEW YORK ( TheStreet) -- These stocks go ex-dividend Thursday, meaning an investor must purchase the shares Wednesday to qualify for the next dividend payment: Tanger Factory Outlet Centers ( SKT), Unum ( UNM) and Mesabi Trust ( MSB). These three stocks received buy ratings from TheStreet Ratings. Tanger Factory Outlet Center Tanger is an outlet shopping real estate investment trust. Hilliard Lyons analysts lowered their rating of Tanger on Dec. 20 to neutral from long-term buy based on stock price appreciation. "We believe outlet centers will be the main area of retail development over the next few years," Hilliard Lyons analysts wrote. "Given a pullback in stock price and no change in fundamentals, we would look to raise our rating on the shares." Tanger shares have slipped less than 0.5% year to date. The stock rose about 14.5% in 2011. Forward Annual Dividend Yield: 2.8% Rated "B (Buy)" by TheStreet Ratings: The company's third-quarter gross profit margin decreased from a year ago. In the third quarter, stockholders' net worth increased 4.07% from the previous year. The Street Ratings' price target on Tanger is $33.43. Shares closed Tuesday at $29.20.
Mesabi Trust Mesabi Trust is an owner of mining rights. Mesabi declared a fourth-quarter dividend of 76 cents a share, payable on Feb. 20. Davenport & Co. analysts said they expected a dividend of 93 cents. "Despite the shortfall, there is no reason to change our distribution and EPS estimates of $2.82/sh for FY'13," the analysts wrote in a Jan. 17 report. Forward Annual Dividend Yield: 9% Rated "B- (Buy)" by TheStreet Ratings: The company's third-quarter gross profit margin was about the same as it was a year ago. Mesabi has average liquidity. Its Quick Ratio is 1.28, which shows that it can technically meet its short-term cash needs. In the third quarter, stockholders' net worth increased 11.14% from the prior year. TheStreet Ratings' price target is $39.85. Shares closed Tuesday at $34.19.