The ex-dividend date for Werner (Nasdaq:WERN) is tomorrow, April 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $24.02 as of 9:30 a.m., the dividend yield is 0.8%.
NEW YORK ( TheStreet) -- The ex-dividend date for Werner (Nasdaq: WERN) is tomorrow, April 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $24.02 as of 9:30 a.m. ET, the dividend yield is 0.8%. The average volume for Werner has been 412,400 shares per day over the past 30 days. Werner has a market cap of $1.76 billion and is part of the services sector and transportation industry. Shares are up 0.5% year to date as of the close of trading on Tuesday. Werner Enterprises, Inc., a transportation and logistics company, engages in hauling truckload shipments of general commodities in interstate and intrastate commerce primarily in the United States and Mexico. The company has a P/E ratio of 17.7, above the average transportation industry P/E ratio of 17.3 and equal to the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Werner as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Werner Ratings Report. See our dividend calendar or top-yielding stocks list.