Western Union Stock To Go Ex-dividend Tomorrow (WU)

NEW YORK ( TheStreet) -- The ex-dividend date for Western Union Company (NYSE: WU) is tomorrow, June 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $16.17 as of 10 a.m. ET, the dividend yield is 2.4%.

The average volume for Western Union has been 6.2 million shares per day over the past 30 days. Western Union has a market cap of $9.93 billion and is part of the services sector and diversified services industry. Shares are down 12.1% year to date as of the close of trading on Monday.

The Western Union Company provides money movement and payment services worldwide. The company operates in two segments, Consumer-to-Consumer and Global Business Payments. The company has a P/E ratio of 8.4, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Western Union as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, expanding profit margins, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Western Union Ratings Report.

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