CNO Financial Group Stock To Go Ex-dividend Tomorrow (CNO)
The ex-dividend date for CNO Financial Group (NYSE:CNO) is tomorrow, June 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $6.50 as of 9:30 a.m., the dividend yield is 1.2%.
NEW YORK ( TheStreet) -- The ex-dividend date for CNO Financial Group (NYSE: CNO) is tomorrow, June 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $6.50 as of 9:30 a.m. ET, the dividend yield is 1.2%. The average volume for CNO Financial Group has been 1.5 million shares per day over the past 30 days. CNO Financial Group has a market cap of $1.52 billion and is part of the financial sector and insurance industry. Shares are up 0.8% year to date as of the close of trading on Tuesday. CNO Financial Group, Inc., through its subsidiaries, engages in the development, marketing, and administration of health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. The company has a P/E ratio of 4.7, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates CNO Financial Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, notable return on equity, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full CNO Financial Group Ratings Report. See our dividend calendar or top-yielding stocks list.