Diana Containerships Stock To Go Ex-dividend Tomorrow (DCIX)
The ex-dividend date for Diana Containerships (Nasdaq:DCIX) is tomorrow, May 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $7.80 as of 9:30 a.m., the dividend yield is 13.2%.
NEW YORK ( TheStreet) -- The ex-dividend date for Diana Containerships (Nasdaq: DCIX) is tomorrow, May 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $7.80 as of 9:30 a.m. ET, the dividend yield is 13.2%. The average volume for Diana Containerships has been 211,200 shares per day over the past 30 days. Diana Containerships has a market cap of $169.6 million and is part of the services sector and transportation industry. Shares are up 42.9% year to date as of the close of trading on Friday. Diana Containerships Inc. owns and operates containerships in Greece. The company engages in the seaborne transportation of semi-finished and finished consumer and industrial products. The company has a P/E ratio of 28.1, below the average transportation industry P/E ratio of 38.7 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Diana Containerships as a hold. 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 and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Diana Containerships Ratings Report. See our dividend calendar or top-yielding stocks list.