Lincoln Educational Services Stock To Go Ex-dividend Tomorrow (LINC)
The ex-dividend date for Lincoln Educational Services Corporation (Nasdaq:LINC) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $7.85 as of 9:30 a.m., the dividend yield is 3.7%.
NEW YORK ( TheStreet) -- The ex-dividend date for Lincoln Educational Services Corporation (Nasdaq: LINC) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $7.85 as of 9:30 a.m. ET, the dividend yield is 3.7%. The average volume for Lincoln Educational Services has been 175,600 shares per day over the past 30 days. Lincoln Educational Services has a market cap of $191 million and is part of the services sector and diversified services industry. Shares are down 0.5% year to date as of the close of trading on Friday. Lincoln Educational Services Corporation provides career-oriented post-secondary education services in the United States. The company has a P/E ratio of 9.7, above the average diversified services industry P/E ratio of 5.7 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Lincoln Educational Services as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Lincoln Educational Services Ratings Report. See our dividend calendar or top-yielding stocks list.
Looking at the universe of stocks we cover at Dividend Channel, on 12/11/14, Lincoln Educational Services Corp will trade ex-dividend, for its quarterly dividend of $0.02, payable on 12/31/14. As a percentage of LINC's recent stock price of $3.02, this dividend works out to approximately 0.66%, so look for shares of Lincoln Educational Services Corp to trade 0.66% lower — all else being equal — when LINC shares open for trading on 12/11/14.