NEW YORK (
) -- The ex-dividend date for
) is tomorrow, March 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $37.21 as of 9:30 a.m. ET, the dividend yield is 2.7%.
The average volume for Lexmark International has been one million shares per day over the past 30 days. Lexmark International has a market cap of $2.68 billion and is part of the
industry. Shares are up 12.5% year to date as of the close of trading on Tuesday.
Lexmark International, Inc. develops, manufactures, and supplies printing and imaging solutions for offices. It offers laser printers, inkjet printers, and multifunction devices, as well as cartridges and other supplies, services, and solutions. The company has a P/E ratio of 7.9, below the average computer hardware industry P/E ratio of 8.3 and below the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
TheStreet Ratings rates Lexmark International as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full