ArcelorMittal Stock To Go Ex-dividend Tomorrow (MT)
NEW YORK (
) -- The ex-dividend date for
(NYSE:
) is tomorrow, February 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $21.53 as of 9:30 a.m. ET, the dividend yield is 2.8%.
The average volume for ArcelorMittal has been seven million shares per day over the past 30 days. ArcelorMittal has a market cap of $33.15 billion and is part of the
sector and
industry. Shares are up 19.7% year to date as of the close of trading on Tuesday.
ArcelorMittal operates as an integrated steel and mining company. The company serves global carbon steel markets, including automotive, construction, household appliances, and packaging. It offers commodity steel, long, flat, carbon steel, and alloy products. The company has a P/E ratio of 11.8, equal to the average metals & mining industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates ArcelorMittal as a
. Among the primary strengths of the company is its revenue growth. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full
.
See our
or
.
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