NEW YORK (
) -- The ex-dividend date for
) is tomorrow, August 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $33.93 as of 9:50 a.m. ET, the dividend yield is 2.2%.
The average volume for Assurant has been 1.2 million shares per day over the past 30 days. Assurant has a market cap of $3.1 billion and is part of the
industry. Shares are down 12.8% year to date as of the close of trading on Tuesday.
Assurant, Inc., through its subsidiaries, provides specialized insurance products and related services in North America and internationally. The company operates in four segments: Assurant Solutions, Assurant Specialty Property, Assurant Health, and Assurant Employee Benefits. The company has a P/E ratio of 11.9, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Assurant as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow. You can view the full