NEW YORK ( TheStreet) -- The following stocks go ex-dividend Thursday, meaning an investor must purchase the shares Wednesday to qualify for the next dividend payment: Henry (Jack) & Associates ( JKHY), Microchip Technology ( MCHP) and Solera Holdings ( SLH). The three stocks receive buy ratings from TheStreet Ratings. See the complete Dividend Calendar.
Microchip Technology The semiconductor products maker reported earlier this month third-quarter earnings of $77.5 million, or 38 cents a share, a fall from year-ago earnings of $100.8 million, or 52 cents. "The company guided for seasonal growth as it expects to see the beginning of the upturn," JPMorgan analysts wrote in a Feb. 3 report. "However, we continue to believe Microchip is expensive at its current valuation of 18X our C13 EPS estimate of $2.15, a roughly 15% premium to our large cap semiconductor average of 15.5X C13 EPS. As a result, we remain Neutral on MCHP due to valuation." Forward Annual Dividend Yield: 3.8% Rated "A (Buy)" by TheStreet Ratings: The company's third-quarter gross profit margin was basically the same as a year ago. Microchip Technology is extremely liquid. Its Quick Ratio is 5.84, which shows it can meet its short-term cash needs. In the third quarter, stockholders' net worth increased 17.65% from the prior year. TheStreet Ratings' price target is $43.12. The stock closed Monday at $36.94 and has risen 0.05%.
Eight of the 10 top-performing stocks in the S&P 500 in 2015 are technology or technology-related companies. These technology stocks have A+ ratings by TheStreet Ratings, TheStreet's proprietary ratings tool.