Landstar System Stock To Go Ex-dividend Tomorrow (LSTR)
NEW YORK (
) -- The ex-dividend date for
(Nasdaq:
) is tomorrow, February 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $52.42 as of 9:30 a.m. ET, the dividend yield is 0.4%.
The average volume for Landstar System has been 263,200 shares per day over the past 30 days. Landstar System has a market cap of $2.34 billion and is part of the
sector and
industry. Shares are up 10% year to date as of the close of trading on Monday.
Landstar System, Inc. operates as a non-asset based provider of freight transportation services and supply chain solutions. It operates in two segments, Transportation Logistics and Insurance. The company has a P/E ratio of 21.7, below the average transportation industry P/E ratio of 22.8 and above the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
TheStreet Ratings rates Landstar System 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, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
Landstar System Ratings Report
.
See our
or
.
null
