The ex-dividend date for Campbell Soup (NYSE:CPB) is tomorrow, October 6, 2011. Owners of shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $32.84 as of 9:30 a.m., the dividend yield is 3.6%.
NEW YORK ( TheStreet) -- The ex-dividend date for Campbell Soup (NYSE: CPB) is tomorrow, October 6, 2011. Owners of shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $32.84 as of 9:30 a.m. ET, the dividend yield is 3.6%. The average volume for Campbell has been three million shares per day over the past 30 days. Campbell has a market cap of $10.5 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 6% year to date as of the close of trading on Tuesday. Campbell Soup Company, together with its subsidiaries, engages in the manufacture and marketing of branded convenience food products worldwide. The company's U.S. The company has a P/E ratio of 13.5, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Campbell as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and generally poor debt management. You can view the full Campbell Ratings Report. See our dividend calendar or top-yielding stocks list.