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: Clorox ( CLX), Lennar ( LEN) and Lowe's ( LOW).
Clorox The bleach maker is scheduled to report third-quarter results on May 2. Analysts, on average, anticipate earnings of $1.03 a share on revenue of $1.35 billion. "We believe management's strategy is beginning to collectively fire on all cylinders," Wells Fargo analysts wrote in a Feb. 24 report. "FX and inflationary pressures will be key items outside of management's control to monitor while a solid innovation pipeline and a disciplined acquisition approach will key items to watch within management's control." Forward Annual Dividend Yield: 3.4% Rated "C+ (Hold)" by TheStreet Ratings: The company's second-quarter gross profit margin was about the same as it was the previous year. Clorox has very weak liquidity. Its Quick Ratio is 0.48, which demonstrates a lack of ability to meet its short-term cash needs. In the second quarter, stockholders' net worth decreased 260.48% from the prior year.