J2 Global Stock To Go Ex-dividend Tomorrow (JCOM)

NEW YORK (TheStreet) -- The ex-dividend date for j2 Global (Nasdaq:JCOM) is tomorrow, February 23, 2012. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $30.14 as of 10 a.m. ET, the dividend yield is 2.8%.

The average volume for j2 Global has been 427,800 shares per day over the past 30 days. J2 Global has a market cap of $1.32 billion and is part of the technology sector and internet industry. Shares are up 7.4% year to date as of the close of trading on Tuesday.

j2 Global Inc. provides outsourced, value-added communication, messaging, and data backup services to businesses of all sizes, from individuals to enterprises worldwide. The company has a P/E ratio of 11.9, above the average internet industry P/E ratio of 11.6 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates j2 Global as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full j2 Global Ratings Report.

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