The ex-dividend date for Windstream (Nasdaq:WIN) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $11.99 as of 10 a.m., the dividend yield is 8.4%.
NEW YORK ( TheStreet) -- The ex-dividend date for Windstream (Nasdaq: WIN) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $11.99 as of 10 a.m. ET, the dividend yield is 8.4%. The average volume for Windstream has been 7.8 million shares per day over the past 30 days. Windstream has a market cap of $6.25 billion and is part of the technology sector and telecommunications industry. Shares are up 1.6% year to date as of the close of trading on Monday. Windstream Corporation provides communications and technology solutions in the United States. The company offers business services, as well as provides broadband, voice, and video services to consumers primarily in rural markets. The company has a P/E ratio of 36.1, above the average telecommunications industry P/E ratio of 23.3 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Windstream as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Windstream Ratings Report. See our dividend calendar or top-yielding stocks list.