Ex-Dividend Stocks: Gap, Agilent

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: Gap ( GPS), Agilent Technologies ( A) and Quest Diagnostics ( DGX).

Gap

"While GPS product was very 'trend right' during 1Q, the question now is around sustainability in to 2Q/2H (note weaker than expected May comp and mgmt. comments that 1Q saw a product 'full forward' on unseasonable weather)," Deutsche Bank analysts wrote in a June 11 report. "Also, it appears to us that product pricing is expensive and that discounting/promotions in the stores and online are ticking up."

Forward Annual Dividend Yield: 2%

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Agilent Technologies

The electronic management solutions company reported second-quarter earnings on May 14 of $255 million, or 72 cents a share, up from year-earlier earnings of $200 million, or 56 cents.

"A will acquire Dako, a privately-held anatomical pathology franchise, for $2.2B in cash, which implies an EV of ~6x core FTM revenue," Jefferies analysts wrote in a May 18 report. "Our initial view suggests the transaction could add $0.34 (+10%) and $0.39 (+11%) to A's cash-EPS in FY13 & FY14, respectively."

Forward Annual Dividend Yield: 1%


Quest Diagnostics

The diagnostic testing company is scheduled to report second-quarter earnings on July 19. Analysts, on average, anticipate earnings of $1.17 a share on revenue of $1.94 billion.

"If the Bluecard policy changes are implemented later this year, we believe it could be a positive for national labs, such as DGX and LH," Piper Jaffray analysts wrote in a May 4 report. "Additionally, next Monday, May 7th, Palmetto GBA will implement the long-awaited MolDx program using McKesson Z-codes and PTI codes. While there are still some uncertainties, we believe most labs are prepared for the MolDx launch and we expect little-to-no impact on DGX or LH over the next 12-24 months."

Forward Annual Dividend Yield: 1.2%

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

-- Written by Alexandra Zendrian

>To contact the writer of this article, click here: Alexandra Zendrian

>To submit a news tip, send an email to: tips@thestreet.com.

>To follow the writer on Twitter, go to Alexandra Zendrian.