The ex-dividend date for Copa Holdings (NYSE:CPA) is Tuesday, May 29, 2012. Owners of shares as of market close today will be eligible for a dividend of $2.10 per share. At a price of $83.46 as of 9:30 a.m., the dividend yield is 2.6%.
NEW YORK ( TheStreet) -- The ex-dividend date for Copa Holdings (NYSE: CPA) is Tuesday, May 29, 2012. Owners of shares as of market close today will be eligible for a dividend of $2.10 per share. At a price of $83.46 as of 9:30 a.m. ET, the dividend yield is 2.6%. The average volume for Copa has been 385,800 shares per day over the past 30 days. Copa has a market cap of $2.7 billion and is part of the services sector and transportation industry. Shares are up 41.9% year to date as of the close of trading on Thursday. Copa Holdings, S.A., through its subsidiaries, provides airline passenger and cargo services. The company offers air transportation services for leisure and business travelers; and cargo and courier services. The company has a P/E ratio of 11.3, below the average transportation industry P/E ratio of 17.3 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Copa as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Copa Ratings Report. See our dividend calendar or top-yielding stocks list.