The ex-dividend date for WR Berkley (NYSE:WRB) is Monday, March 19, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $35.92 as of 9:30 a.m., the dividend yield is 0.9%.
NEW YORK ( TheStreet) -- The ex-dividend date for WR Berkley (NYSE: WRB) is Monday, March 19, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $35.92 as of 9:30 a.m. ET, the dividend yield is 0.9%. The average volume for WR Berkley has been 712,700 shares per day over the past 30 days. WR Berkley has a market cap of $4.72 billion and is part of the financial sector and insurance industry. Shares are up 4.2% year to date as of the close of trading on Thursday. W. R. Berkley Corporation, an insurance holding company, operates as commercial lines writers in the property casualty insurance business primarily in the United States. The company operates in five segments: Specialty, Regional, Alternative Markets, Reinsurance, and International. The company has a P/E ratio of 13.2, above the average insurance industry P/E ratio of 12.6 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates WR Berkley as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations 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 WR Berkley Ratings Report. See our dividend calendar or top-yielding stocks list.