NEW YORK (
) -- The ex-dividend date for
Reinsurance Group of America
) is Monday, May 2, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $62.83 as of 9:32 a.m. ET, the dividend yield is 0.8%.
The average volume for Reinsurance Group of America has been 596,100 shares per day over the past 30 days. Reinsurance Group of America has a market cap of $4.5 billion and is part of the
industry. Shares are up 17.2% year to date as of the close of trading on Thursday.
Reinsurance Group of America, Incorporated, an insurance holding company, engages in individual and group life, annuity, asset-intensive, critical illness, and financial reinsurance in the United States, Canada, Europe, South Africa, and the Asia Pacific. The company has a P/E ratio of 7.7, above the average insurance industry P/E ratio of 7.5 and below the S&P 500 P/E ratio of 17.
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TheStreet Ratings rates Reinsurance Group of America as a
. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, compelling growth in net income, robust revenue growth, 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