Arbitron Stock To Go Ex-dividend Tomorrow (ARB)

NEW YORK ( TheStreet) -- The ex-dividend date for Arbitron Corporation (NYSE: ARB) 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 $34.78 as of 9:33 a.m. ET, the dividend yield is 1.2%.

The average volume for Arbitron has been 154,800 shares per day over the past 30 days. Arbitron has a market cap of $988.5 million and is part of the services sector and media industry. Shares are up 0.2% year to date as of the close of trading on Friday.

Arbitron Inc. operates as a media and marketing information services company in the United States and internationally. The company has a P/E ratio of 17.6, below the average media industry P/E ratio of 18.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Arbitron as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Arbitron Ratings Report.

See our dividend calendar or top-yielding stocks list.
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