The ex-dividend date for Koppers Holdings (NYSE:KOP) is tomorrow, May 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $42.20 as of 9:32 a.m., the dividend yield is 2.1%.
NEW YORK ( TheStreet) -- The ex-dividend date for Koppers Holdings (NYSE: KOP) is tomorrow, May 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $42.20 as of 9:32 a.m. ET, the dividend yield is 2.1%. The average volume for Koppers has been 166,900 shares per day over the past 30 days. Koppers has a market cap of $861.8 million and is part of the industrial goods sector and materials & construction industry. Shares are up 18.8% year to date as of the previous trading day's close. Koppers Holdings Inc., through its subsidiaries, provides carbon compounds and commercial wood treatment products to aluminum, railroad, specialty chemical, utility, rubber, concrete, and steel industries. The company has a P/E ratio of 18.9, below the average materials & construction industry P/E ratio of 19.6 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Koppers as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Koppers Ratings Report. See our dividend calendar or top-yielding stocks list.