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 24 cents per share. At a price of $32.18 as of 9:31 a.m. ET, the dividend yield is 2.9%.
The average volume for Time Warner has been 8.6 million shares per day over the past 30 days. Time Warner has a market cap of $32.76 billion and is part of the
industry. Shares are unchanged year to date as of the close of trading on Wednesday.
Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates in three segments: Networks, Filmed Entertainment, and Publishing. The company has a P/E ratio of 12.2, below the average media industry P/E ratio of 12.4 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Time Warner 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 largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full