NEW YORK (
) -- The ex-dividend date for
Scripps Networks Interactive
) is tomorrow, February 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $53.17 as of 9:32 a.m. ET, the dividend yield is 0.6%.
The average volume for Scripps Networks Interactive has been 963,300 shares per day over the past 30 days. Scripps Networks Interactive has a market cap of $7 billion and is part of the
industry. Shares are up 2.2% year to date as of the close of trading on Tuesday.
Scripps Networks Interactive, Inc. operates as a lifestyle content and interactive services company in the United States and internationally. The company operates through two segments, Lifestyle Media and Interactive Services. The company has a P/E ratio of 22.3, above the average media industry P/E ratio of 21.8 and below the S&P 500 P/E ratio of 23.2.
TheStreet Ratings rates Scripps Networks Interactive as hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full