Stewart Stock To Go Ex-dividend Tomorrow (STEI)

NEW YORK ( TheStreet) -- The ex-dividend date for Stewart (Nasdaq: STEI) is tomorrow, April 10, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $5.93 as of 9:30 a.m. ET, the dividend yield is 2.7%.

The average volume for Stewart has been 394,200 shares per day over the past 30 days. Stewart has a market cap of $527.3 million and is part of the services sector and diversified services industry. Shares are up 4.5% year to date as of the close of trading on Thursday.

Stewart Enterprises, Inc., through its subsidiaries, provides funeral and cemetery products and services in the death care industry. It offers a range of funeral and cremation merchandise and services, as well as cemetery property, merchandise, and services. The company has a P/E ratio of 14, below the average diversified services industry P/E ratio of 15 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Stewart as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Stewart Ratings Report.

See our dividend calendar or top-yielding stocks list.
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