NEW YORK (
) -- The ex-dividend date for
) is Monday, February 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 56 cents per share. At a price of $77.31 as of 9:30 a.m. ET, the dividend yield is 2.9%.
The average volume for Time Warner Cable has been 2.4 million shares per day over the past 30 days. Time Warner Cable has a market cap of $21.9 billion and is part of the
industry. Shares are up 21.5% year to date as of the close of trading on Thursday.
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 15.4, below the average media industry P/E ratio of 15.8 and below the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
TheStreet Ratings rates Time Warner Cable as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full