Universal Technical Stock To Go Ex-dividend Tomorrow (UTI)

NEW YORK ( TheStreet) -- The ex-dividend date for Universal Technical Institute (NYSE: UTI) 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 $13.48 as of 9:39 a.m. ET, the dividend yield is 3.1%.

The average volume for Universal Technical has been 141,400 shares per day over the past 30 days. Universal Technical has a market cap of $372.3 million and is part of the services sector and diversified services industry. Shares are up 5% year to date as of the close of trading on Friday.

Universal Technical Institute, Inc. engages in the provision of postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle, and marine technicians in the United States. The company has a P/E ratio of 15.5, above the average diversified services industry P/E ratio of 13.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Universal Technical 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, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. You can view the full Universal Technical Ratings Report.

See our dividend calendar or top-yielding stocks list.