Ex-Dividend Stocks: Gentex, Kimco Realty

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: Gentex ( GNTX), Kimco Realty ( KIM), Simpson Manufacturing ( SSD) and Toronto-Dominion Bank ( TD).

Gentex

The electro-optical products company is scheduled to report second-quarter earnings on July 15. Analysts, on average, anticipate earnings of 29 cents a share on revenue of $280.02 million.

"While GNTX's manufacturing prowess, margins, and returns are enviable, we see multiple headwinds to margins over the next several quarters from both end market dynamics and capacity expansions," Jefferies analysts wrote in a May 22 report.

Forward Annual Dividend Yield: 2.5%

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Kimco Realty

The real estate investment trust is scheduled to report its second-quarter earnings on July 24. On average, analysts expect earnings of 30 cents a share on revenue of $222.81 million.

"We are fine-tuning our estimates after updating our model for Q1 2012 activity, revised 2012 guidance, and our outlook for a steady but slow progression in the industry growth," Wells Fargo analysts wrote in a May 11 report. "We expect Kimco will continue to make solid progress monetizing non-strategic retail and non-retail assets. Our 2012 FFO per share estimate remains $1.25 but we are increasing our 2013 FFO per share estimate from $1.25 to $1.28 due to a slightly higher expectation for leasing progress. Our valuation range of $18.75 to $20.00 remains unchanged; maintain Market Perform rating."

Forward Annual Dividend Yield: 4.3%


Simpson Manufacturing

The building products company is slated to report second-quarter earnings on July 22. Analysts, on average, anticipate earnings of 45 cents a share on revenue of $199.59 million.

"Simpson remains on a shopping spree of a magnitude not seen in this analyst's 7-year history of covering the company," D.A. Davidson analysts wrote in an April 30 report. "After closing on four deals in the last couple of quarters, Simpson announced the March acquisition of CarbonWrap Solutions, a producer of fiber-reinforced polymer products used in infrastructure and transportation (read non-residential) products. Simpson paid $5.5 million for CarbonWrap - sales and earnings are not yet known. Despite the flurry of acquisitions, Simpson remains in a $160 million net cash position, which is projected to grow, absent new deals (it is looking). While we don't believe that 2012 is the year of the full blown housing recovery, we believe it is on the horizon, and remain constructive on Simpson shares at current levels."

Forward Annual Dividend Yield: 1.8%

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Toronto-Dominion Bank

The bank reported second-quarter earnings on May 23 of $1.7 million, or $1.82 a share, up from year-earlier earnings of $1.5 million, or $1.63 a share.

"TD remains rated Outperform," BMO Capital Markets analysts wrote in a June 6 report. "Strong loan growth in both Canadian retail banking and TD USA in the quarter (significantly above industry averages) highlights the strength of the bank's business model. Given TD's momentum in the U.S., earnings growth from this segment should accelerate next year after the impact of the Durbin amendment abates. The relative valuation on TD's shares is expected to improve given the continued strength of its retail franchises."

Forward Annual Dividend Yield: 3.7%

-- Written by Alexandra Zendrian

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