NEW YORK ( TheStreet) -- The ex-dividend date for Innophos Holdings (Nasdaq: IPHS) is tomorrow, July 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $50.06 as of 9:31 a.m. ET, the dividend yield is 2%. The average volume for Innophos has been 153,000 shares per day over the past 30 days. Innophos has a market cap of $1.1 billion and is part of the basic materials sector and chemicals industry. Shares are up 38.7% year to date as of the close of trading on Monday. Innophos Holdings, Inc., together with its subsidiaries, produces and sells specialty phosphates primarily in North America. The company has a P/E ratio of 18.8, equal to the average chemicals industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Innophos as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Innophos Ratings Report. See our dividend calendar or top-yielding stocks list.