NEW YORK ( TheStreet) -- The ex-dividend date for Calamos Asset Management (Nasdaq: CLMS) is tomorrow, February 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $12.59 as of 9:30 a.m. ET, the dividend yield is 3%. The average volume for Calamos Asset Management has been 100,900 shares per day over the past 30 days. Calamos Asset Management has a market cap of $266.5 million and is part of the financial sector and financial services industry. Shares are up 0.6% year to date as of the close of trading on Tuesday. Calamos Asset Management Inc. is a publicly owned investment manager. The firm provides investment advisory services to individuals including high net worth individuals, and institutions. It also manages accounts for family offices and private foundations. The company has a P/E ratio of 9.7, below the average financial services industry P/E ratio of 12.5 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Calamos Asset Management as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and feeble growth in the company's earnings per share. You can view the full Calamos Asset Management Ratings Report. See our dividend calendar or top-yielding stocks list.