NEW YORK (
) -- The ex-dividend date for
) is tomorrow, March 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $31.30 as of 9:30 a.m. ET, the dividend yield is 2%.
The average volume for HCC has been 767,300 shares per day over the past 30 days. HCC has a market cap of $2.99 billion and is part of the
industry. Shares are up 13.9% year to date as of the close of trading on Tuesday.
HCC Insurance Holdings, Inc. underwrites non-correlated specialty insurance products worldwide. The company underwrites property and casualty, accident and health, surety, credit, and aviation product lines. The company has a P/E ratio of 13.7, above the average insurance industry P/E ratio of 11.6 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates HCC as a
. 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, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full