Chicago Bridge Stock To Go Ex-dividend Tomorrow (CBI)

NEW YORK ( TheStreet) -- The ex-dividend date for Chicago Bridge & Iron Company (NYSE: CBI) is tomorrow, March 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $45.93 as of 9:35 a.m. ET, the dividend yield is 0.4%.

The average volume for Chicago Bridge has been one million shares per day over the past 30 days. Chicago Bridge has a market cap of $4.19 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 20.4% year to date as of the close of trading on Monday.

Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, construction, and commissioning services to energy and natural resource industries worldwide. The company has a P/E ratio of 17.9, above the average materials & construction industry P/E ratio of 17.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Chicago Bridge as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Chicago Bridge Ratings Report.

See our dividend calendar or top-yielding stocks list.
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