Huntsman Stock To Go Ex-dividend Tomorrow (HUN)

NEW YORK ( TheStreet) -- The ex-dividend date for Huntsman Corporation (NYSE: HUN) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $14.04 as of 9:30 a.m. ET, the dividend yield is 2.9%.

The average volume for Huntsman has been 4.3 million shares per day over the past 30 days. Huntsman has a market cap of $2.85 billion and is part of the basic materials sector and chemicals industry. Shares are up 40.3% year to date as of the close of trading on Friday.

Huntsman Corporation engages in the manufacture and sale of differentiated organic and inorganic chemical products worldwide. The company has a P/E ratio of 13.6, below the average chemicals industry P/E ratio of 16.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Huntsman as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Huntsman Ratings Report.

See our dividend calendar or top-yielding stocks list.

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