Cooper Tire & Rubber Stock To Go Ex-dividend Tomorrow (CTB)

NEW YORK ( TheStreet) -- The ex-dividend date for Cooper Tire & Rubber Company (NYSE: CTB) is tomorrow, November 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $12.87 as of 9:35 a.m. ET, the dividend yield is 3.4%.

The average volume for Cooper Tire & Rubber has been one million shares per day over the past 30 days. Cooper Tire & Rubber has a market cap of $780.4 million and is part of the consumer goods sector and consumer non-durables industry. Shares are down 44.1% year to date as of the close of trading on Monday.

Cooper Tire & Rubber Company, together with its subsidiaries, manufactures and markets replacement tires in North America and internationally. It operates in two segments, North American Tire Operations and International Tire Operations. The company has a P/E ratio of 9.2, below the average consumer non-durables industry P/E ratio of 9.4 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Cooper Tire & Rubber as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and poor profit margins. You can view the full Cooper Tire & Rubber Ratings Report.

See our dividend calendar or top-yielding stocks list.

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