GFI Group Stock To Go Ex-dividend Tomorrow (GFIG)

NEW YORK ( TheStreet) -- The ex-dividend date for GFI Group (NYSE: GFIG) is tomorrow, May 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $3.08 as of 9:30 a.m. ET, the dividend yield is 6.3%.

The average volume for GFI Group has been 283,700 shares per day over the past 30 days. GFI Group has a market cap of $379.1 million and is part of the financial sector and financial services industry. Shares are down 23.3% year to date as of the close of trading on Wednesday.

GFI Group Inc. provides wholesale brokerage, clearing, electronic execution, and trading support products for financial markets.

TheStreet Ratings rates GFI Group as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself. You can view the full GFI Group Ratings Report.

See our dividend calendar or top-yielding stocks list.

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