Chubb Stock To Go Ex-dividend Tomorrow (CB)

NEW YORK ( TheStreet) -- The ex-dividend date for Chubb (NYSE: CB) is tomorrow, March 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 41 cents per share. At a price of $68.31 as of 9:30 a.m. ET, the dividend yield is 2.4%.

The average volume for Chubb has been 1.9 million shares per day over the past 30 days. Chubb has a market cap of $19.48 billion and is part of the financial sector and insurance industry. Shares are down 2.1% year to date as of the close of trading on Monday.

The Chubb Corporation, through its subsidiaries, provides property and casualty insurance to businesses and individuals. The company has a P/E ratio of 11.7, above the average insurance industry P/E ratio of 11.4 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Chubb as a buy. 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 solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Chubb Ratings Report.

See our dividend calendar or top-yielding stocks list.
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