Employers Stock To Go Ex-dividend Tomorrow (EIG)
NEW YORK ( TheStreet) -- The ex-dividend date for Employers Holdings (NYSE: EIG) is tomorrow, May 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $16.70 as of 9:30 a.m. ET, the dividend yield is 1.4%. The average volume for Employers has been 175,900 shares per day over the past 30 days. Employers has a market cap of $536.2 million and is part of the financial sector and insurance industry. Shares are down 6.2% year to date as of the close of trading on Wednesday. Employers Holdings, Inc., through its subsidiaries, operates in the commercial property and casualty insurance industry in the United States. It provides workers' compensation insurance to small businesses engaged in low to medium hazard industries. The company has a P/E ratio of 13.4, below the average insurance industry P/E ratio of 13.5 and below the S&P 500 P/E ratio of 17.7.
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