The ex-dividend date for j2 Global (Nasdaq:JCOM) is Monday, May 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $25.06 as of 9:30 a.m., the dividend yield is 3.4%.
NEW YORK ( TheStreet) -- The ex-dividend date for j2 Global (Nasdaq: JCOM) is Monday, May 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $25.06 as of 9:30 a.m. ET, the dividend yield is 3.4%. The average volume for j2 Global has been 470,000 shares per day over the past 30 days. J2 Global has a market cap of $1.16 billion and is part of the technology sector and internet industry. Shares are down 10.8% year to date as of the close of trading on Thursday. j2 Global, Inc. provides cloud services to businesses of various sizes through the Internet worldwide. It offers online fax, virtual phone systems, hosted email, email marketing, online backup, customer relationship management, and bundled suites of these services. The company has a P/E ratio of 10.6, equal to the average internet industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates j2 Global as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full j2 Global Ratings Report. See our dividend calendar or top-yielding stocks list.