IDT Corporation B Stock To Go Ex-dividend Tomorrow (IDT)
The ex-dividend date for IDT Corporation B (NYSE:IDT) is tomorrow, September 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $20.89 as of 9:30 a.m., the dividend yield is 4.6%.
NEW YORK ( TheStreet) -- The ex-dividend date for IDT Corporation B (NYSE: IDT) is tomorrow, September 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $20.89 as of 9:30 a.m. ET, the dividend yield is 4.6%. The average volume for IDT Corporation B has been 168,100 shares per day over the past 30 days. IDT Corporation B has a market cap of $426.4 million and is part of the technology sector and telecommunications industry. Shares are down 22.4% year to date as of the close of trading on Tuesday. IDT Corporation operates as a telecommunications and energy company. It operates in three segments: Telecom Platform Services, Consumer Phone Services, and Genie Energy. The company has a P/E ratio of 13.1, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates IDT Corporation B as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, 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 unimpressive growth in net income, poor profit margins and weak operating cash flow. You can view the full IDT Corporation B Ratings Report. See our dividend calendar or top-yielding stocks list.