EMCOR Group Stock To Go Ex-dividend Tomorrow (EME)
The ex-dividend date for EMCOR Group (NYSE:EME) is tomorrow, January 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $27.91 as of 9:30 a.m., the dividend yield is 0.7%.
NEW YORK ( TheStreet) -- The ex-dividend date for EMCOR Group (NYSE: EME) is tomorrow, January 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $27.91 as of 9:30 a.m. ET, the dividend yield is 0.7%. The average volume for EMCOR Group has been 457,300 shares per day over the past 30 days. EMCOR Group has a market cap of $1.85 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 3.4% year to date as of the close of trading on Friday. EMCOR Group, Inc., together with its subsidiaries, provides electrical and mechanical construction and facilities services to commercial, industrial, utility, and institutional customers in the United States, Canada, the United Kingdom, and internationally. The company has a P/E ratio of 15, above the average materials & construction industry P/E ratio of 14 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates EMCOR Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full EMCOR Group Ratings Report. See our dividend calendar or top-yielding stocks list.