EMCOR Group Stock To Go Ex-dividend Tomorrow (EME)
The ex-dividend date for EMCOR Group (NYSE:EME) is tomorrow, April 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $26.48 as of 9:30 a.m., the dividend yield is 0.8%.
NEW YORK ( TheStreet) -- The ex-dividend date for EMCOR Group (NYSE: EME) is tomorrow, April 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $26.48 as of 9:30 a.m. ET, the dividend yield is 0.8%. The average volume for EMCOR Group has been 401,500 shares per day over the past 30 days. EMCOR Group has a market cap of $1.77 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 2.8% year to date as of the close of trading on Wednesday. EMCOR Group, Inc., together with its subsidiaries, provides electrical and mechanical construction, and facilities services to commercial, industrial, utility, and institutional customers in the United States, the United Kingdom, and internationally. The company has a P/E ratio of 14.6, above the average materials & construction industry P/E ratio of 13.9 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates EMCOR Group 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, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full EMCOR Group Ratings Report. See our dividend calendar or top-yielding stocks list.