NEW YORK ( TheStreet) -- The ex-dividend date for Calamos Asset Management (Nasdaq: CLMS) is tomorrow, August 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $11.94 as of 10:03 a.m. ET, the dividend yield is 3%. The average volume for Calamos Asset Management has been 156,600 shares per day over the past 30 days. Calamos Asset Management has a market cap of $251.4 million and is part of the financial sector and financial services industry. Shares are down 15.8% year to date as of the close of trading on Wednesday. Calamos Asset Management Inc. is a publicly owned investment manager. The firm provides investment advisory services to individuals including high net worth individuals, and institutions. It also manages accounts for family offices and private foundations. The company has a P/E ratio of 11.6, below the average financial services industry P/E ratio of 11.7 and below the S&P 500 P/E ratio of 17.7.
Practice your dividend trading strategies and win cash in our stock game.
TheStreet Ratings rates Calamos Asset Management as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Calamos Asset Management Ratings Report. See our dividend calendar or top-yielding stocks list.