Assisted Living Concepts Stock To Go Ex-dividend Tomorrow (ALC)
The ex-dividend date for Assisted Living Concepts (NYSE:ALC) is tomorrow, May 17, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $16.18 as of 9:30 a.m., the dividend yield is 2.5%.
NEW YORK ( TheStreet) -- The ex-dividend date for Assisted Living Concepts (NYSE: ALC) is tomorrow, May 17, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $16.18 as of 9:30 a.m. ET, the dividend yield is 2.5%. The average volume for Assisted Living Concepts has been 129,400 shares per day over the past 30 days. Assisted Living Concepts has a market cap of $321.3 million and is part of the health care sector and health services industry. Shares are up 7.6% year to date as of the close of trading on Tuesday. Assisted Living Concepts, Inc., together with its subsidiaries, operates senior living residences in the United States. The company has a P/E ratio of 15.3, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Assisted Living Concepts as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Assisted Living Concepts Ratings Report. See our dividend calendar or top-yielding stocks list.