NEW YORK ( TheStreet) -- The following stocks go ex-dividend Tuesday, meaning an investor must purchase the shares Friday (the Memorial Day holiday is Monday) to qualify for the next dividend payment: Goldman Sachs ( GS), Time Warner ( TWX), Barrick Gold ( ABX), CSX ( CSX), Corning ( GLW), Nordstrom ( JWN), Harley-Davidson ( HOG), Newell Rubbermaid ( NWL) and Union Pacific ( UNP).
Goldman Sachs The financial services company reported on April 17 first-quarter earnings of $2.1 billion, or $3.92 a share, up from year-earlier earnings of $908 million, or $1.56 a share. "We are downgrading our five bulge names to Market Underperform, including the Universal Banks (JPM, C, and BAC) from Market Perform and the Full-Service Securities Firms (GS and MS) from Market Outperform," JMP Securities analysts wrote in a report Monday. "We believe other Capital Mkts names will likely fall less." Forward Annual Dividend Yield: 1.9%
Barrick Gold The gold and copper producer reported on May 2 first-quarter earnings of $1.03 billion, or $1.03 a share, up from year-earlier earnings of $1 billion, or $1 a share. "ABX remains committed to its growth target of 9Mozspa of gold production by 2016 with Pascua Lama and Pueblo Viejo the key to meeting the target, supplemented by mine and/or mill expansions within its existing asset base," Credit Suisse analysts wrote in an May 16 report. "As the largest producer in the sector with low costs, ABX is well positioned to weather the current weakness in the gold price. With the recent 33% dividend increase to $0.20/quarter, the stock also provides a dividend yield over 2%." Forward Annual Dividend Yield: 2.2%
Corning The company reported on April 25 first-quarter earnings of $462 million, or 30 cents a share, down from year-earlier earnings of $748 million, or 47 cents a share. "Average panel prices for LCD TVs remained flat in 2H May versus the $1.20 or 0.6% increase seen in 1H of the month," Bank of America Merrill Lynch analysts wrote in a report Monday. "While flat pricing is better than price declines, 2H May is seeing a slowdown in TV panel prices (which had been increasing since 1H April). In LCD monitor panels, the 20" W size saw an average price increase of $1. Overall for monitors, average price increased $0.20 or 0.3%. Prices for notebook panels and tablet panels remained flat." Forward Annual Dividend Yield: 2.4%
Harley-Davidson The motorcycle company reported on April 25 first-quarter earnings of $172 million, or 74 cents a share, up from year-earlier earnings of $119.3 million, or 51 cents a share. "Reaffirming our Outperform rating as 2013 visibility is enhanced with strong YTD (early May) retail sales," Wells Fargo analysts wrote in a May 8 report. "Our April/early May channel checks indicate U.S. retail sales up low double digits. We estimate ongoing retail strength and restructuring/ERP implementation capacity constraints will prevent Harley from replenishing U.S. channel inventories (estimated ~5,500-7,000 units below desired levels) until the end of 2013. This also provides some downside protection should global economic conditions deteriorate. Clearly, near-term keys will be (1) ongoing solid retail demand, (2) smooth final implementation of restructurings/ERP in 2012 (York) and 2013 (remaining facilities). Likely gradual shifting of model year-end from June to September should enhance long-term sales efficiency and margins. Revising our 2012E/2013E EPS to $2.80/$3.77 (prior $2.81/$3.59) or $2.96/$3.78 ex-restructurings (prior $2.96/$3.60 ex restructurings) reflecting (1) higher retail sales and shipment assumptions, and (2) gross margin estimate adjustments. $58-61 valuation range (prior $54-57) is based on about 14x "normalized" 12.31.12 present value $4.23 EPS. Bottom Line: We would use market weakness to continue building positions in HOG." Forward Annual Dividend Yield: 1.4%
Union Pacific The rail company reported on April 19 first-quarter earnings of $863 million, or $1.79 a share, up from year-earlier earnings of $639 million, or $1.29 a share. "Rob Knight, CFO of Union Pacific, expects coal volumes to decline at a mid- to high-teens pace in 2Q12, accelerating beyond the company's prior guidance of down low- to mid-teens on its 1Q earnings call (we are at 17%, as we anticipated continued weakness in coal with Nat Gas at sub-$3)," Bank of America Merrill Lynch analysts wrote in a May 18 report. "While UP expects volumes to pick up sequentially in June/July, inventory levels remain high and the industry needs to see an early hot summer for coal to moderate." Forward Annual Dividend Yield: 2.2%