Koppers Stock To Go Ex-dividend Tomorrow (KOP)

NEW YORK ( TheStreet) -- The ex-dividend date for Koppers Holdings (NYSE: KOP) is tomorrow, November 9, 2011. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $36.34 as of 9:40 a.m. ET, the dividend yield is 2.4%.

The average volume for Koppers has been 172,900 shares per day over the past 30 days. Koppers has a market cap of $746.4 million and is part of the basic materials sector and chemicals industry. Shares are up 1.3% year to date as of the close of trading on Monday.

Koppers Holdings Inc., through its subsidiaries, engages in the production and sale of carbon compounds and commercial wood treatment products and services to aluminum, railroad, specialty chemical, utility, rubber, concrete, and steel industries. The company has a P/E ratio of 13.4, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Koppers as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Koppers Ratings Report.

See our dividend calendar or top-yielding stocks list.

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