Aspen Stock To Go Ex-dividend Tomorrow (AHL)

NEW YORK ( TheStreet) -- The ex-dividend date for Aspen Insurance Holdings (NYSE: AHL) is tomorrow, May 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $28.14 as of 9:30 a.m. ET, the dividend yield is 2.4%.

The average volume for Aspen has been 359,100 shares per day over the past 30 days. Aspen has a market cap of $2.02 billion and is part of the financial sector and insurance industry. Shares are up 6.4% year to date as of the close of trading on Friday.

Aspen Insurance Holdings Limited provides insurance and reinsurance solutions worldwide. The company's Reinsurance segment offers property catastrophe reinsurance; and other property reinsurance, including risk excess, pro rata, risk solutions, and facultative reinsurance. The company has a P/E ratio of 19.8, below the average insurance industry P/E ratio of 20.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Aspen 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, attractive valuation levels, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Aspen Ratings Report.

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