Consolidated Stock To Go Ex-dividend Tomorrow (CNSL)

NEW YORK ( TheStreet) -- The ex-dividend date for Consolidated Communications (Nasdaq: CNSL) is tomorrow, January 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 39 cents per share. At a price of $19.13 as of 9:30 a.m. ET, the dividend yield is 8.1%.

The average volume for Consolidated has been 141,900 shares per day over the past 30 days. Consolidated has a market cap of $574 million and is part of the technology sector and telecommunications industry. Shares are down 0.3% year to date as of the close of trading on Monday.

Consolidated Communications Holdings, Inc., together with its subsidiaries, provides telecommunications services to residential and business customers in Illinois, Texas, and Pennsylvania. The company has a P/E ratio of 22.8, above the average telecommunications industry P/E ratio of 22.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Consolidated as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Consolidated Ratings Report.

See our dividend calendar or top-yielding stocks list.

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