Lan Airlines Stock To Go Ex-dividend Tomorrow (LFL)

NEW YORK ( TheStreet) -- The ex-dividend date for Lan Airlines (NYSE: LFL) is tomorrow, January 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $23.76 as of 9:35 a.m. ET, the dividend yield is 1.2%.

The average volume for Lan Airlines has been 387,500 shares per day over the past 30 days. Lan Airlines has a market cap of $7.89 billion and is part of the services sector and transportation industry. Shares are up 1.9% year to date as of the close of trading on Tuesday.

Lan Airlines S.A., together with its subsidiaries, provides passenger and cargo air transportation services. The company offers air cargo transportation services to other international air carriers, freight-forwarding companies, export oriented companies, and individual consumers. The company has a P/E ratio of 18.7, below the average transportation industry P/E ratio of 21.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Lan Airlines as a hold. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, robust revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including premium valuation and poor profit margins. You can view the full Lan Airlines Ratings Report.

See our dividend calendar or top-yielding stocks list.

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