AmTrust Financial Services Stock To Go Ex-dividend Tomorrow (AFSI)

NEW YORK ( TheStreet) -- The ex-dividend date for AmTrust Financial Services (Nasdaq: AFSI) is tomorrow, March 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $27.41 as of 9:30 a.m. ET, the dividend yield is 1.3%.

The average volume for AmTrust Financial Services has been 300,800 shares per day over the past 30 days. AmTrust Financial Services has a market cap of $1.55 billion and is part of the financial sector and insurance industry. Shares are up 14.9% year to date as of the close of trading on Tuesday.

AmTrust Financial Services, Inc., through its subsidiaries, underwrites and provides property and casualty insurance in the United States and internationally. The company has a P/E ratio of 10, above the average insurance industry P/E ratio of 9.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates AmTrust Financial Services 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, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full AmTrust Financial Services Ratings Report.

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