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: DSW ( DSW), Greif ( GEF) and Hudbay Minerals ( HBM). Each of the stocks received a buy rating at TheStreet Ratings.
DSW The shoe retailer is scheduled to report fourth-quarter earnings on March 20. Analysts, on average, anticipate earnings of 49 cents a share on revenue of $511.2 million. "DSW announced in January that it ramped its store openings planned for 2012 to include 35-40 new locations compared with 17 store openings in 2011," Auriga analysts wrote in a report Wednesday. "DSW secured 17 of the recently bankrupt Border's stores as new DSW locations, in addition to its already planned store openings for the year. We expect in 2013, DSW likely will return to 20 store openings annually." Forward Annual Dividend Yield: 1.1% Rated "B+ (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin was about the same as it was last year. DSW has average liquidity. Its Quick Ratio is 1.37, which shows that the company can technically meet its short-term cash needs. In the fourth quarter, stockholders' net worth increased 22.07% from the prior year. TheStreet Ratings' price target is $58.26. The stock closed Wednesday at $55.63 and has risen 25.83% year to date.
Hudbay Minerals The copper concentrates company reported on March 7 fourth-quarter earnings of $34.3 million, or 21 cents a share, up from year-ago earnings of $7.9 million, or 7 cents. "HBM met its 2011 production guidance, and substantially met its 2011 assetby- asset cost guidance," Canaccord analysts wrote in a March 8 report. "A full Constancia project update is expected to be provided by the end of March. HBM once again flagged increased capital costs, due now to significant scope changes, as well as industry inflation." Forward Annual Dividend Yield: 1.7% Rated "B (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin was about the same as last year. Hudbay Minerals is extremely liquid. Its Quick Ratio is 4.81, which shows the company can meet its short-term cash needs. In the fourth quarter, stockholders' net worth increased 4.24% from the prior year. TheStreet Ratings' price target is $13.35. The stock closed Wednesday at $11.79 and has risen 18.49% year to date.