NEW YORK (
) -- The ex-dividend date for
) is Monday, November 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $57.65 as of 9:31 a.m. ET, the dividend yield is 3.3%.
The average volume for Time Warner Cable has been 2.7 million shares per day over the past 30 days. Time Warner Cable has a market cap of $19.07 billion and is part of the
industry. Shares are down 12.7% year to date as of the close of trading on Wednesday.
Time Warner Cable Inc., together with its subsidiaries, operates as a cable operator in the United States. It offers video, high-speed data, and voice services over its broadband cable systems to residential and commercial customers. The company has a P/E ratio of 13.3, below the average media industry P/E ratio of 13.8 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Time Warner Cable as a
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full