NEW YORK (
) -- The ex-dividend date for
) is, November 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $36.45 as of 9:32 a.m. ET, the dividend yield is 0.7%.
The average volume for Loews has been 2.1 million shares per day over the past 30 days. Loews has a market cap of $14.75 billion and is part of the
industry. Shares are down 5.2% year to date as of the close of trading on Tuesday.
Loews Corporation, through its subsidiaries, operates primarily as a commercial property and casualty insurance company. The company has a P/E ratio of 12.2, 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 Loews as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full