NEW YORK (
) -- The ex-dividend date for
) is tomorrow, December 1, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $49.35 as of 9:30 a.m. ET, the dividend yield is 2.1%.
The average volume for Tidewater has been 794,400 shares per day over the past 30 days. Tidewater has a market cap of $2.5 billion and is part of the
industry. Shares are down 10.7% year to date as of the close of trading on Tuesday.
Tidewater Inc., through its subsidiaries, provides offshore service vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels. The company has a P/E ratio of 37.6, above the average transportation industry P/E ratio of 37.3 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Tidewater as a
. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full