Koppers Stock To Go Ex-dividend Tomorrow (KOP)

NEW YORK ( TheStreet) -- The ex-dividend date for Koppers Holdings (NYSE: KOP) is tomorrow, February 24, 2012. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $38.41 as of 9:30 a.m. ET, the dividend yield is 2.5%.

The average volume for Koppers has been 127,600 shares per day over the past 30 days. Koppers has a market cap of $788.9 million and is part of the basic materials sector and chemicals industry. Shares are up 11.4% year to date as of the close of trading on Wednesday.

Koppers Holdings Inc., through its subsidiaries, engages in the production and sale of carbon compounds and commercial wood treatment products and services to aluminum, railroad, specialty chemical, utility, rubber, concrete, and steel industries. The company has a P/E ratio of 21.6, above the average chemicals industry P/E ratio of 14.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Koppers as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and poor profit margins. You can view the full Koppers Ratings Report.

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