Primerica Stock To Go Ex-dividend Tomorrow (PRI)

NEW YORK ( TheStreet) -- The ex-dividend date for Primerica (NYSE: PRI) is tomorrow, May 24, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $23.61 as of 9:30 a.m. ET, the dividend yield is 0.8%.

The average volume for Primerica has been 260,800 shares per day over the past 30 days. Primerica has a market cap of $1.41 billion and is part of the financial sector and insurance industry. Shares are up 2.7% year to date as of the close of trading on Tuesday.

Primerica, Inc., together with its subsidiaries, distributes financial products to middle income households in the United States and Canada. The company operates in three segments: Term Life Insurance, Investment and Savings Products, and Corporate and Other Distributed Products. The company has a P/E ratio of 10, below the average insurance industry P/E ratio of 10.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Primerica 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, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Primerica Ratings Report.

See our dividend calendar or top-yielding stocks list.
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