NEW YORK ( TheStreet) - The following stocks go ex-dividend Monday, meaning an investor must purchase the shares Friday to qualify for the next dividend payment: Columbia Banking System ( COLB), PCTel ( PCTI) and Xilinx ( XLNX). Each of them received a buy rating from TheStreet Ratings.
Xilinx The programmable logic solutions company reported last month that third-quarter earnings of $127 million, or 47 cents per diluted share, down 17% from the previous year. Think Equity analysts raised their price target to $38 from $29 on Jan. 19. "We believe that Xilinx experienced a firming of customer orders that equally reflected improving demand and replenishment of lean inventories," Think Equity analysts wrote in a the report following Xilinx's earnings. Forward Annual Dividend Yield: 2.1% Rated "A+ (Buy)" by TheStreet Ratings: The company's third-quarter gross profit margin was basically the same as the previous year. Xilinx is extremely liquid. Its Quick Ratio is 5.16, which shows the company can meet its short-term cash needs. In the third quarter, stockholders' net worth increased 17.82% from the prior year. TheStreet Ratings' price target is $47.03. The stock closed Thursday at $36.20.