9 Ex-Dividend Stocks With Buy Ratings

Tickers in this article: BP BRCM CVX DUK MCO RDS.A RDS.B UTX V WAG

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: BP , Broadcom , Chevron , Duke Energy , Moody's , Royal Dutch Shell , United Technologies , Visa and Walgreen .

Each of the stocks received a buy rating from TheStreet Ratings.

See the complete Dividend Calendar.

Royal Dutch Shell

The oil and gas company reported fourth-quarter earnings of $6.5 billion, or $1.04 a share. Year-ago earnings were $6.79 billion, or 93 cents.

Royal Dutch Shell paid about $10.5 billion in dividends in 2011 and is aiming to increase that amount, the company said on Feb. 2.

"We expect to revise our full year 2012 estimate down by 5% - 6% to take into account the going forward implications of Shell's weak fourth quarter results," Benchmark analysts wrote in a Feb. 6 report. "The lion's share of the reduction is applicable to the upstream segment reflecting upward revisions in our unit cost assumptions (particularly in the Americas segment) and downward revisions in our oil/gas production forecast. We now envision a full year production increase of approximately 4% - 5% in contrast to our prior estimate of an increase in the 7% - 8% range."

Forward Annual Dividend Yield: 4.7%

Rated "A- (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin was basically the same from last year.

Royal Dutch Shell has weak liquidity. Its Quick Ratio is 0.88, which demonstrates a lack of ability to meet its short-term cash needs.

In the fourth quarter, stockholders' net worth increased 14.52% from the prior year.

TheStreet Ratings' price target is $84.06. The stock closed Monday at $72.90.

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Chevron

The energy company reported last month fourth-quarter earnings of $5.1 billion, or $2.58 a share, a fall from year-ago earnings of $5.3 billion, or $2.64 a share.

"CVX shares outperformed both peers and the S&P 500 last year and in the last 5- and 10-year periods; given CVX's high oil leverage and substantial financial strength, we think this trend is likely to continue and may even accelerate," Oppenheimer analysts wrote in a Jan. 31 report. "Higher oil prices enable CVX to accelerate dividend growth, increase share buybacks and make acquisitions, while large cash balance provides a cushion against lower commodity prices and enables Chevron to internally fund major capital projects."

Forward Annual Dividend Yield: 3.1%

Rated "A (Buy)" by TheStreet Ratings: In the fourth quarter, stockholders' net worth increased 15.51% from the previous year.

TheStreet Ratings' price target is $139.61. The stock closed Monday at $106.38.


Visa

The credit card company reported last week first-quarter earnings of $1 billion, or $1.49 a share, which rose from $884 million, or $1.23 a share, a year earlier.

Rated "A (Buy)" by TheStreet Ratings: The company's first-quarter gross profit margin is about the same as a year ago.

Visa is extremely liquid. Its Quick Ratio is 2.58, which shows it can meet its short-term cash needs.

In the first quarter, stockholders' net worth increased 6.89% from the prior year.

TheStreet Ratings' price target is $137.51. The stock closed Monday at $112.71.

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BP

"Gulf Coast tourism revenue hit a record last year and BP is back drilling in the GOM using five rigs and could add three more this year," Oppenheimer analysts wrote in a Feb. 10 report. "

Forward Annual Dividend Yield: 4.1%

Rated "B (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin decreased from the previous year.

BP has weak liquidity. Its Quick Ratio is 0.69, which demonstrates a lack of ability to meet its short-term cash needs.

In the fourth-quarter, stockholders' net worth increased 17.34% from the prior year.

TheStreet Ratings' price target is $54.02. The stock closed Monday at $47.37.


Moody's

The ratings agency reported last week fourth-quarter earnings of $96.2 million, or 43 cents a share, which fell from year-ago earnings of $137.4 million, or 58 cents.

"MIS revenues continued to reflect significant declines in bond issuance during 4Q11," Benchmark analysts wrote in a Feb. 9 report. "However, Moody's was optimistic regarding 1Q12 and 2012, while acknowledging issuance remains volatile."

Forward Annual Dividend Yield: 1.7%

Rated "B- (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margins were about the same as the previous year.

TheStreet Ratings' price target is $49.29. The stock closed Monday at $38.71.

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Duke Energy

The energy company is scheduled to report fourth-quarter results on Feb. 16. Analysts, on average, expect earnings of 21 cents a share on revenue of $3.37 billion.

"We expect strong oil prices , positive for NMC, and stabilizing or even slightly higher power prices in Latin America to drive EBIT growth at Duke Energy International," Goldman Sachs analysts wrote in a Jan. 5 report. "DUK's Latin American assets should generate positive free cash flow given low capital spending, and any tax relief acts present an opportunity for DUK to 'repatriate' cash from its small overseas subsidiaries."

Forward Annual Dividend Yield: 4.7%

Rated "A+ (Buy)" by TheStreet Ratings: The company's third-quarter gross profit margin was basically the same as the prior year.

Duke Energy has very weak liquidity. Its Quick Ratio is 0.68, which demonstrates a lack of ability to meet its short-term cash needs.

In the third quarter, stockholders' net worth increased 3.53% from the prior year.

TheStreet Ratings' price target is $25.41. The stock closed Monday at $21.44.


Broadcom

The semiconductor company was downgraded by Benchmark analysts to a hold from a buy on Monday.

Broadcom reported last month fourth-quarter earnings of $254 million, or 45 cents a share, which fell from year-earlier earnings of $266 million, or 47 cents.

"Despite the lower revenues/profits, BRCM announced an increase to its quarterly dividend payment to $0.10 from $0.09, equating to a dividend yield of ~1.2%," Credit Suisse analysts wrote in a Feb. 1 report. "This marks the 2nd consecutive year that BRCM has increased its dividend since it began paying a dividend in 2010."

Forward Annual Dividend Yield: 1.1%

Rated "B (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin remained about the same as a year ago.

Broadcom is extremely liquid. Its Quick Ratio is 4.74, which shows it can meet its short-term cash needs.

In the fourth quarter, stockholder's net worth increased 11.92% from the prior year.

TheStreet Ratings' price target is $43.67. The stock closed Monday at $36.82.

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Walgreen

The retailer is scheduled to report second-quarter results on March 27. Analysts, on average, anticipate earnings of 77 cents a share on revenue of $18.53 billion.

"On the key investor issue -- the contract impasse with Express Scripts (ESRX $50.17; Outperform) -- we now believe that the odds of an agreement are less than 50% this year," William Blair analysts wrote in a report on Monday. "We understand there are no discussions between Walgreens and Express Scripts at this time, and our impression is that neither party has made any meaningful concessions."

Forward Annual Dividend Yield: 2.6%

Rated "B (Buy)" by TheStreet Ratings: The company's first-quarter gross profit margin was about the same as the prior year.

Walgreen has very weak liquidity. Its Quick Ratio is 0.45, which demonstrates a lack of ability to meet its short-term cash needs.

In the first quarter, stockholders' net worth increased 2.16% from the previous year.

TheStreet Ratings' price target is $39.51. The stock closed Monday at $34.79.


United Technologies

The technology and aerospace company reported last month fourth-quarter earnings of $1.3 billion, or $1.47 a share, which rose from year-ago earnings of $1.2 billion, or $1.31.

"UTX is poised to benefit from the commercial OE upcycle, given the success of Geared Turbofan engine, and to benefit from an economic recovery as we expect the company's significant restructuring efforts in the past few years to pay off through strong operating leverage as volumes return," Bank of America Merrill Lynch analysts wrote in a report on Monday.

Forward Annual Dividend Yield: 2.3%

Rated "B+ (Buy)" by TheStreet Ratings: United Technologies has weak liquidity. Its Quick Ratio is 0.83, which demonstrates a lack of ability to meet its short-term cash needs.

In the fourth quarter, stockholders' net worth increased 2.31% from the prior year.

TheStreet Ratings' price target is $96.77. The stock closed Monday at $84.88.

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-- Written by Alexandra Zendrian

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Tickers in this article: BP BRCM CVX DUK MCO RDS.A RDS.B UTX V WAG