GFI Group Stock To Go Ex-dividend Tomorrow (GFIG)

NEW YORK ( TheStreet) -- The ex-dividend date for GFI Group (NYSE: GFIG) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $3.90 as of 9:32 a.m. ET, the dividend yield is 5.4%.

The average volume for GFI Group has been 296,100 shares per day over the past 30 days. GFI Group has a market cap of $538.2 million and is part of the financial sector and financial services industry. Shares are down 10% year to date as of the close of trading on Friday.

GFI Group Inc. provides wholesale brokerage, clearing, electronic execution, and trading support products for financial markets in the United States and internationally. The company has a P/E ratio of 17.7, below the average financial services industry P/E ratio of 25.1 and equal to the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates GFI Group as a hold. Among the primary strengths of the company is its revenue growth. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full GFI Group Ratings Report.

See our dividend calendar or top-yielding stocks list.
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