Chesapeake Stock To Go Ex-dividend Tomorrow (CHSP)

NEW YORK ( TheStreet) -- The ex-dividend date for Chesapeake Lodging (NYSE: CHSP) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $18.24 as of 3:55 p.m. ET, the dividend yield is 4.9%.

The average volume for Chesapeake has been 127,800 shares per day over the past 30 days. Chesapeake has a market cap of $550 million and is part of the financial sector and real estate industry. Shares are up 18.5% year to date as of the close of trading on Monday.

No company description available. The company has a P/E ratio of 59.8, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Chesapeake as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, compelling growth in net income 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 Chesapeake Ratings Report.

See our dividend calendar or top-yielding stocks list.
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