Lincoln Educational Services Corportion Stock To Go Ex-dividend Tomorrow (LINC)
The ex-dividend date for Lincoln Educational Services Corportion (Nasdaq:LINC) is tomorrow, September 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 $8.57 as of 9:30 a.m., the dividend yield is 11.5%.
NEW YORK ( TheStreet) -- The ex-dividend date for Lincoln Educational Services Corportion (Nasdaq: LINC) is tomorrow, September 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 $8.57 as of 9:30 a.m. ET, the dividend yield is 11.5%. The average volume for Lincoln Educational Services Corportion has been 436,900 shares per day over the past 30 days. Lincoln Educational Services Corportion has a market cap of $197.5 million and is part of the services sector and diversified services industry. Shares are down 44% year to date as of the close of trading on Friday. Lincoln Educational Services Corporation provides career-oriented post-secondary education services in the United States. The company has a P/E ratio of 3.6, equal to the average diversified services industry P/E ratio 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 Lincoln Educational Services Corportion as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Lincoln Educational Services Corportion Ratings Report. See our dividend calendar or top-yielding stocks list.
Looking at the universe of stocks we cover at Dividend Channel, on 12/11/14, Lincoln Educational Services Corp will trade ex-dividend, for its quarterly dividend of $0.02, payable on 12/31/14. As a percentage of LINC's recent stock price of $3.02, this dividend works out to approximately 0.66%, so look for shares of Lincoln Educational Services Corp to trade 0.66% lower — all else being equal — when LINC shares open for trading on 12/11/14.