Sociedad Quimica Y Minera De Chile Stock To Go Ex-dividend Tomorrow (SQM)

NEW YORK ( TheStreet) -- The ex-dividend date for Sociedad Quimica Y Minera De Chile (NYSE: SQM) is tomorrow, December 9, 2011. Owners of shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $55.81 as of 9:34 a.m. ET, the dividend yield is 1.2%.

The average volume for Sociedad Quimica Y Minera De Chile has been 781,700 shares per day over the past 30 days. Sociedad Quimica Y Minera De Chile has a market cap of $14.86 billion and is part of the basic materials sector and chemicals industry. Shares are down 3.1% year to date as of the close of trading on Wednesday.

Chemical and Mining Company of Chile Inc. engages in the production and sale of fertilizers and specialty chemicals in Chile and internationally. The company has a P/E ratio of 38.7, above the average chemicals industry P/E ratio of 30.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Sociedad Quimica Y Minera De Chile as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Sociedad Quimica Y Minera De Chile Ratings Report.

See our dividend calendar or top-yielding stocks list.

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