CapitalSource Stock To Go Ex-dividend Tomorrow (CSE)

NEW YORK ( TheStreet) -- The ex-dividend date for CapitalSource (NYSE: CSE) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $6.85 as of 9:30 a.m. ET, the dividend yield is 0.6%.

The average volume for CapitalSource has been 3.6 million shares per day over the past 30 days. CapitalSource has a market cap of $1.92 billion and is part of the financial sector and financial services industry. Shares are up 2.1% year to date as of the close of trading on Friday.

Operates as a specialized finance company that provides loans to small and medium-sized businesses. The company also selectively makes equity investments, engages in asset management and servicing activities, and invests in residential mortgage assets. It intends to qualify as a REIT in 2006.

TheStreet Ratings rates CapitalSource as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full CapitalSource Ratings Report.

See our dividend calendar or top-yielding stocks list.

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