The ex-dividend date for Koppers Holdings (NYSE:KOP) is tomorrow, August 11, 2011. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $29.29 as of 10:13 a.m., the dividend yield is 3%.
NEW YORK ( TheStreet) -- The ex-dividend date for Koppers Holdings (NYSE: KOP) is tomorrow, August 11, 2011. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $29.29 as of 10:13 a.m. ET, the dividend yield is 3%. The average volume for Koppers has been 117,300 shares per day over the past 30 days. Koppers has a market cap of $599.5 million and is part of the basic materials sector and chemicals industry. Shares are down 15.5% year to date as of the close of trading on Tuesday. 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 12.2, below the average chemicals industry P/E ratio of 13.2 and below 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, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. 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.