3 Ex-Dividend Stocks With Buy Ratings

NEW YORK ( TheStreet) -- The following stocks go ex-dividend Friday, meaning an investor must purchase the shares Thursday to qualify for the next dividend payment: Schlumberger ( SLB), Macerich ( MAC) and Maxim Integrated ( MXIM).

Each of the stocks gets a buy rating from TheStreet Ratings.

See the complete Dividend Calendar.

Schlumberger

The oilfield services company, reported last month fourth-quarter earnings of $1.4 billion, or $1.05 a share, up from year-ago earnings of $1 billion, or 76 cents.

"With pricing on new large contracts and on placements of equipment on new offshore rigs still very competitive, we are reducing our forecast of margin expansion outside North America 19.4% for 2012, up from 18.2% for 2011 with much of the improvement coming from Libya and from the mix toward more offshore and exploration work," Miller Tabak analysts wrote in a Jan. 23 report.

Forward Annual Dividend Yield: 1.4%

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

Schlumberger has average liquidity. Its Quick Ratio is 1.36, which shows that the company can technically meet its short-term cash needs.

In the fourth quarter, stockholders' net worth was about the same as the prior year.

TheStreet Ratings' price target is $90.83. The stock closed Wednesday at $77.36 and has risen 13.25% year to date.

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Macerich

The real estate investment trust reported last month fourth-quarter net income of $162.1 million, or $1.23 a share, which increased from year-earlier earnings of $23.6 million, or 18 cents.

"With near-term funding needs now addressed, MAC's key downside risk is its ability to drive occupancy and rent growth, particularly in its core CA and AZ markets," Deutsche Bank analysts wrote in a Feb. 7 report.

Forward Annual Dividend Yield: 3.9%

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

In the fourth quarter, stockholders' net worth decreased 2.66% from the prior year.

TheStreet Ratings' price target is $63.70. The stock closed Wednesday at $55.57 and has increased 9.82% year to date.


Maxim Integrated

The circuits manufacturer reported last month second-quarter earnings of $88.1 million, or 29 cents a share, which fell from year-earlier profit of $133.4 million, or 44 cents.

Regarding Maxim's earnings, Cantor Fitzgerald analysts wrote in a Jan. 27 report that, "Although this certainly is a small speed bump, we believe that MXIM's (and the Analog sector's) signs of rebound, bright secular growth prospects, and rich dividend yield, make it an analog bellwether that should be owned."

Forward Annual Dividend Yield: 3.2%

Rated "A (Buy)" by TheStreet Ratings: The company's second-quarter gross profit margin was basically the same as a year ago.

Maxim Integrated is extremely liquid. Its Quick Ratio is 2.80, which demonstrates that it can meet its short-term cash needs.

In the second quarter, stockholders' net worth increased 5.01% from the prior year.

TheStreet Ratings' price target is $34.07. The stock closed Wednesday at $27.66 and has risen 6.22% year to date.

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-- Written by Alexandra Zendrian

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