American Greetings Stock To Go Ex-dividend Tomorrow (AM)
The ex-dividend date for American Greetings Corporation (NYSE:AM) is tomorrow, April 4, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $15.75 as of 9:30 a.m., the dividend yield is 3.9%.
NEW YORK ( TheStreet) -- The ex-dividend date for American Greetings Corporation (NYSE: AM) is tomorrow, April 4, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $15.75 as of 9:30 a.m. ET, the dividend yield is 3.9%. The average volume for American Greetings has been 701,300 shares per day over the past 30 days. American Greetings has a market cap of $504.3 million and is part of the services sector and specialty retail industry. Shares are up 25.5% year to date as of the close of trading on Monday. American Greetings Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of greeting cards and other social expression products worldwide. The company has a P/E ratio of 7.3, above the average specialty retail industry P/E ratio of 7.1 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates American Greetings as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full American Greetings Ratings Report. See our dividend calendar or top-yielding stocks list.