Walter Energy Stock To Go Ex-dividend Tomorrow (WLT)
NEW YORK (
) -- The ex-dividend date for
(NYSE:
) is tomorrow, February 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $70.06 as of 9:30 a.m. ET, the dividend yield is 0.7%.
The average volume for Walter Energy has been 2.5 million shares per day over the past 30 days. Walter Energy has a market cap of $4.22 billion and is part of the
sector and
industry. Shares are up 17.7% year to date as of the close of trading on Monday.
Walter Energy, Inc. produces and exports metallurgical coal for the steel industry primarily in the United States. The company also produces steam coal, coal bed methane gas, metallurgical coke, and other related products. It principally serves electric utility and industrial customers. The company has a P/E ratio of 11.4, above the average metals & mining industry P/E ratio of 11 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Walter Energy as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
.
See our
or
.
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