Credicorp Stock To Go Ex-dividend Monday (BAP)

NEW YORK ( TheStreet) -- The ex-dividend date for Credicorp (NYSE: BAP) is Monday, April 16, 2012. Owners of shares as of market close today will be eligible for a dividend of $2.30 per share. At a price of $132.49 as of 9:35 a.m. ET, the dividend yield is 1.7%.

The average volume for Credicorp has been 277,300 shares per day over the past 30 days. Credicorp has a market cap of $10.79 billion and is part of the financial sector and banking industry. Shares are up 22.3% year to date as of the close of trading on Thursday.

Credicorp Ltd., through its subsidiaries, provides a range of financial products and services in Peru, Bolivia, and Panama. The company has a P/E ratio of 18.7, above the average banking industry P/E ratio of 15.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Credicorp as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Credicorp Ratings Report.

See our dividend calendar or top-yielding stocks list.
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