Lincoln Educational Services Corportion Stock To Go Ex-dividend Tomorrow (LINC)
The ex-dividend date for Lincoln Educational Services Corportion (Nasdaq:LINC) is tomorrow, March 11, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $16.27 as of 10:20 a.m., the dividend yield is 6%.
NEW YORK ( TheStreet) -- The ex-dividend date for Lincoln Educational Services Corportion (Nasdaq: LINC) is tomorrow, March 11, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $16.27 as of 10:20 a.m. ET, the dividend yield is 6%. The average volume for Lincoln Educational Services Corportion has been 331,000 shares per day over the past 30 days. Lincoln Educational Services Corportion has a market cap of $368.6 million and is part of the services sector and diversified services industry. Shares are up 6.5% year to date as of the close of trading on Wednesday. Lincoln Educational Services Corporation provides career-oriented post-secondary education services in the United States. The company has a P/E ratio of 5.5, below the average diversified services industry P/E ratio of six and below the S&P 500 P/E ratio of 17.5. TheStreet Ratings rates Lincoln Educational Services Corportion as buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, notable return on equity, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Lincoln Educational Services Corportion Ratings Report. See our dividend calendar or top-yielding stocks list.
Looking at the universe of stocks we cover at Dividend Channel, on 12/11/14, Lincoln Educational Services Corp will trade ex-dividend, for its quarterly dividend of $0.02, payable on 12/31/14. As a percentage of LINC's recent stock price of $3.02, this dividend works out to approximately 0.66%, so look for shares of Lincoln Educational Services Corp to trade 0.66% lower — all else being equal — when LINC shares open for trading on 12/11/14.