The ex-dividend date for Gafisa (NYSE:GFA) is Monday, May 2, 2011. Owners of shares as of market close today will be eligible for a dividend of 27 cents per share. At a price of $12.39 as of 9:31 a.m., the dividend yield is 2.2%.
NEW YORK ( TheStreet) -- The ex-dividend date for Gafisa (NYSE: GFA) is Monday, May 2, 2011. Owners of shares as of market close today will be eligible for a dividend of 27 cents per share. At a price of $12.39 as of 9:31 a.m. ET, the dividend yield is 2.2%. The average volume for Gafisa has been 2.9 million shares per day over the past 30 days. Gafisa has a market cap of $2.7 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 15.6% year to date as of the close of trading on Thursday. Gafisa S.A. operates as a homebuilder in Brazil. The company has a P/E ratio of 153.2, above the average materials & construction industry P/E ratio of 15.9 and above the S&P 500 P/E ratio of 17.
Practice your dividend trading strategies and win cash in our stock game.
TheStreet Ratings rates Gafisa as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Gafisa Ratings Report. See our dividend calendar or top-yielding stocks list.