Janus Capital Group Stock To Go Ex-dividend Tomorrow (JNS)
The ex-dividend date for Janus Capital Group (NYSE:JNS) is tomorrow, May 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $7.48 as of 9:30 a.m., the dividend yield is 3.2%.
NEW YORK ( TheStreet) -- The ex-dividend date for Janus Capital Group (NYSE: JNS) is tomorrow, May 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $7.48 as of 9:30 a.m. ET, the dividend yield is 3.2%. The average volume for Janus Capital Group has been 3.4 million shares per day over the past 30 days. Janus Capital Group has a market cap of $1.43 billion and is part of the financial sector and financial services industry. Shares are up 19.8% year to date as of the close of trading on Tuesday. Janus Capital Group, Inc. is a publicly owned asset management holding company with approximately $167.7 billion in assets under management. It also provides retirement planning, investment planning, tax planning, investment for college, and tax planning services to its clients. The company has a P/E ratio of 11, above the average financial services industry P/E ratio of 10.8 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Janus Capital Group as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and poor profit margins. You can view the full Janus Capital Group Ratings Report. See our dividend calendar or top-yielding stocks list.