NEW YORK ( TheStreet) -- The following stocks go ex-dividend Wednesday, meaning an investor must purchase the shares Tuesday to qualify for the next dividend payment: Staples ( SPLS), InterContinental Hotels Group ( IHG), Coventry Health Care ( CVH), Advance Auto Parts ( AAP), Piedmont Natural Gas ( PNY), Heartland Express ( HTLD), World Fuel Services ( INT) and Iron Mountain ( IRM). Each of the stocks received a buy rating from TheStreet Ratings.
Staples The office retailer raised its quarterly dividend 10% to 11 cents a share. The dividend is payable on April 12. "Shares have run up on a better labor outlook only to retreat each time," Jefferies analysts wrote in a March 1 report. "The stock is stuck in a range until we see a few changes, including a stabilization of international sales and margin, clearer signs of underlying improvement in NA beyond weather and improvement in labor. Staples remains challenged by a low growth environment, secular headwinds and excess capacity with occasional irrational behavior from competitors." Forward Annual Dividend Yield: 2.7% Rated "B (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin was about the same as last year. Staples has weak liquidity. Its Quick Ratio is 0.81, which demonstrates a lack of ability to meet its short-term cash needs. In the fourth quarter, stockholders' net worth increased 1.02% from the prior year. TheStreet Ratings' price target is $19.05. The stock closed Monday at $16.46 and has risen 18.5% year to date.