OneBeacon Insurance Group Stock To Go Ex-dividend Tomorrow (OB)
The ex-dividend date for OneBeacon Insurance Group (NYSE:OB) is tomorrow, September 14, 2011. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $13.12 as of 9:33 a.m., the dividend yield is 6.4%.
NEW YORK ( TheStreet) -- The ex-dividend date for OneBeacon Insurance Group (NYSE: OB) is tomorrow, September 14, 2011. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $13.12 as of 9:33 a.m. ET, the dividend yield is 6.4%. The average volume for OneBeacon Insurance Group has been 154,900 shares per day over the past 30 days. OneBeacon Insurance Group has a market cap of $305.9 million and is part of the financial sector and insurance industry. Shares are down 12.4% year to date as of the close of trading on Monday. OneBeacon Insurance Group, Ltd., through its subsidiaries, provides specialty insurance products and services in the United States. The company has a P/E ratio of 7.4, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates OneBeacon Insurance Group as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and poor profit margins. You can view the full OneBeacon Insurance Group Ratings Report. See our dividend calendar or top-yielding stocks list.