CapitalSource Stock To Go Ex-dividend Tomorrow (CSE)
The ex-dividend date for CapitalSource Inc (NYSE:CSE) is tomorrow, September 14, 2011. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $6.40 as of 9:30 a.m., the dividend yield is 0.6%.
NEW YORK ( TheStreet) -- The ex-dividend date for CapitalSource Inc (NYSE: CSE) is tomorrow, September 14, 2011. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $6.40 as of 9:30 a.m. ET, the dividend yield is 0.6%. The average volume for CapitalSource has been 3.6 million shares per day over the past 30 days. CapitalSource has a market cap of $2 billion and is part of the financial sector and financial services industry. Shares are down 10.1% year to date as of the close of trading on Monday. Operates as a specialized finance company that provides loans to small and medium-sized businesses. The company also selectively makes equity investments, engages in asset management and servicing activities, and invests in residential mortgage assets. It intends to qualify as a REIT in 2006. The company has a P/E ratio of 19.5, equal to the average financial services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates CapitalSource as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and weak operating cash flow. You can view the full CapitalSource Ratings Report. See our dividend calendar or top-yielding stocks list.