AngloGold Ashanti Stock To Go Ex-dividend Tomorrow (AU)

NEW YORK ( TheStreet) -- The ex-dividend date for AngloGold Ashanti (NYSE: AU) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $40.04 as of 9:30 a.m. ET, the dividend yield is 1.2%.

The average volume for AngloGold Ashanti has been 1.6 million shares per day over the past 30 days. AngloGold Ashanti has a market cap of $16.56 billion and is part of the basic materials sector and metals & mining industry. Shares are down 3.5% year to date as of the close of trading on Monday.

AngloGold Ashanti Limited primarily engages in the exploration and production of gold. It also produces silver, uranium oxide, and sulfuric acid. The company has a P/E ratio of 137.5, above the average metals & mining industry P/E ratio of 69.9 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates AngloGold Ashanti as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full AngloGold Ashanti Ratings Report.

See our dividend calendar or top-yielding stocks list.
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