Everest Re Group Stock To Go Ex-dividend Monday (RE)

NEW YORK ( TheStreet) -- The ex-dividend date for Everest Re Group (NYSE: RE) is Monday, March 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $90.36 as of 9:58 a.m. ET, the dividend yield is 2.2%.

The average volume for Everest Re Group has been 413,800 shares per day over the past 30 days. Everest Re Group has a market cap of $4.59 billion and is part of the financial sector and insurance industry. Shares are up 6% year to date as of the close of trading on Thursday.

Everest Re Group, Ltd., together with its subsidiaries, underwrites reinsurance and insurance in the United States (the U.S.), Bermuda, and international markets. The company operates in five segments: U.S. Reinsurance, U.S. Insurance, Specialty Underwriting, International, and Bermuda.

TheStreet Ratings rates Everest Re 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 and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Everest Re Group Ratings Report.

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