Activision Blizzard Stock To Go Ex-dividend Monday (ATVI)

NEW YORK ( TheStreet) -- The ex-dividend date for Activision Blizzard (Nasdaq: ATVI) is Monday, March 19, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $12.49 as of 9:30 a.m. ET, the dividend yield is 1.5%.

The average volume for Activision Blizzard has been 10.8 million shares per day over the past 30 days. Activision Blizzard has a market cap of $14.05 billion and is part of the technology sector and computer software & services industry. Shares are up 0.1% year to date as of the close of trading on Thursday.

Activision Blizzard, Inc. publishes online, personal computer (PC), console, handheld, and mobile interactive entertainment worldwide. It develops and publishes PC-based computer games and maintains its proprietary online-game related service, Battle.net. The company has a P/E ratio of 13.4, below the average computer software & services industry P/E ratio of 18.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Activision Blizzard as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Activision Blizzard Ratings Report.

See our dividend calendar or top-yielding stocks list.

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