Broadridge Financial Stock To Go Ex-dividend Tomorrow (BR)
The ex-dividend date for Broadridge Financial Solutions (NYSE:BR) is tomorrow, September 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $19.79 as of 9:30 a.m., the dividend yield is 3.1%.
NEW YORK ( TheStreet) -- The ex-dividend date for Broadridge Financial Solutions (NYSE: BR) is tomorrow, September 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $19.79 as of 9:30 a.m. ET, the dividend yield is 3.1%. The average volume for Broadridge Financial has been 981,600 shares per day over the past 30 days. Broadridge Financial has a market cap of $2.5 billion and is part of the technology sector and computer software & services industry. Shares are down 8.9% year to date as of the close of trading on Friday. Broadridge Financial Solutions, Inc. provides technology-based solutions to the financial services industry in the United States, Canada, and the United Kingdom. The company has a P/E ratio of 15.4, below the average computer software & services industry P/E ratio of 15.6 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 Broadridge Financial as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and disappointing return on equity. You can view the full Broadridge Financial Ratings Report. See our dividend calendar or top-yielding stocks list.