NEW YORK (
) -- The ex-dividend date for
) is tomorrow, March 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 33 cents per share. At a price of $63.65 as of 9:31 a.m. ET, the dividend yield is 2.1%.
The average volume for ACE has been 1.9 million shares per day over the past 30 days. ACE has a market cap of $20.9 billion and is part of the
industry. Shares are up 1.5% year to date as of the close of trading on Monday.
ACE Limited, through its subsidiaries, provides a range of insurance and reinsurance products to commercial and individual customers worldwide. The company operates through four segments: Insurance North American, Insurance Overseas General, Global Reinsurance, and Life. The company has a P/E ratio of 6.8, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 16.2.
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TheStreet Ratings rates ACE as buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full