Coca-Cola Stock To Go Ex-dividend Tomorrow (CCE)

NEW YORK ( TheStreet) -- The ex-dividend date for Coca-Cola (NYSE: CCE) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $27.89 as of 9:30 a.m. ET, the dividend yield is 2.3%.

The average volume for Coca-Cola has been 2.5 million shares per day over the past 30 days. Coca-Cola has a market cap of $8.3 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 9% year to date as of the close of trading on Monday.

Coca-Cola Enterprises, Inc. produces, distributes, and markets nonalcoholic beverages. It provides still and sparkling waters, juices, sports drinks, juice drinks, coffee-based beverages, and teas. Coca-Cola Enterprises, Inc. The company has a P/E ratio of 12.4, above the average food & beverage industry P/E ratio of 12 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Coca-Cola Ratings Report.

See our dividend calendar or top-yielding stocks list.

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