Arbitron Stock To Go Ex-dividend Tomorrow (ARB)

NEW YORK ( TheStreet) -- The ex-dividend date for Arbitron Corporation (NYSE: ARB) is tomorrow, December 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $36.14 as of 9:39 a.m. ET, the dividend yield is 1.1%.

The average volume for Arbitron has been 169,400 shares per day over the past 30 days. Arbitron has a market cap of $989.6 million and is part of the services sector and media industry. Shares are down 10.5% year to date as of the close of trading on Friday.

Arbitron Inc. provides media and marketing information services. The company has a P/E ratio of 18.2, equal to the average media industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Arbitron as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, expanding profit margins and good cash flow from operations. 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 Arbitron Ratings Report.

See our dividend calendar or top-yielding stocks list.

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