Sensient Stock To Go Ex-dividend Monday (SXT)

NEW YORK ( TheStreet) -- The ex-dividend date for Sensient Technologies Corporation (NYSE: SXT) is Monday, May 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $36.30 as of 9:30 a.m. ET, the dividend yield is 2.4%.

The average volume for Sensient has been 228,100 shares per day over the past 30 days. Sensient has a market cap of $1.87 billion and is part of the basic materials sector and chemicals industry. Shares are down 3.7% year to date as of the close of trading on Thursday.

Sensient Technologies Corporation and its subsidiaries engage in the manufacture and sale of colors, flavors, and fragrances worldwide. The company has a P/E ratio of 15.1, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Sensient as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Sensient Ratings Report.

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