Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
NEW YORK (
) -- The ex-dividend date for
) is tomorrow, May 29, 2013. Owners of shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $65.99 as of 9:30 a.m. ET, the dividend yield is 2%.
The average volume for Magna International has been 743,600 shares per day over the past 30 days. Magna International has a market cap of $15.18 billion and is part of the services sector and wholesale industry. Shares are up 30.3% year to date as of the close of trading on Friday.
Magna International Inc. designs, develops, manufactures, and engineers automotive systems and components to original equipment manufacturers primarily in North America, Europe, and internationally. The company has a P/E ratio of 11, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Magna International as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full
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