Goldcorp Stock To Go Ex-dividend Tomorrow (GG)

The ex-dividend date for Goldcorp (NYSE:GG) is tomorrow, February 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $46.09 as of 9:30 a.m., the dividend yield is 1.2%.
By TheStreet Wire ,

NEW YORK (

TheStreet

) -- The ex-dividend date for

Goldcorp

(NYSE:

GG

) is tomorrow, February 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $46.09 as of 9:30 a.m. ET, the dividend yield is 1.2%.

The average volume for Goldcorp has been 4.7 million shares per day over the past 30 days. Goldcorp has a market cap of $35.94 billion and is part of the

basic materials

sector and

metals & mining

industry. Shares are up 3.7% year to date as of the close of trading on Friday.

Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. It produces and sells gold, silver, copper, lead, and zinc. The company has a P/E ratio of 20.4, below the average metals & mining industry P/E ratio of 23 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Goldcorp 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, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Goldcorp Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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