Symetra Financial Stock To Go Ex-dividend Tomorrow (SYA)

NEW YORK ( TheStreet) -- The ex-dividend date for Symetra Financial Corporation (NYSE: SYA) is tomorrow, March 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $10.55 as of 9:30 a.m. ET, the dividend yield is 2.7%.

The average volume for Symetra Financial has been 449,400 shares per day over the past 30 days. Symetra Financial has a market cap of $1.12 billion and is part of the financial sector and insurance industry. Shares are up 15.7% year to date as of the close of trading on Wednesday.

Symetra Financial Corporation, through its subsidiaries, provides group and individual insurance products and retirement products in the United States and the District of Columbia. The company has a P/E ratio of 7.1, above the average insurance industry P/E ratio of 6.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Symetra Financial as a hold. 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 attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins. You can view the full Symetra Financial Ratings Report.

See our dividend calendar or top-yielding stocks list.

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