Rockwood Stock To Go Ex-dividend Tomorrow (ROC)

NEW YORK ( TheStreet) -- The ex-dividend date for Rockwood Holdings (NYSE: ROC) is tomorrow, June 22, 2012. Owners of shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $47.16 as of 9:35 a.m. ET, the dividend yield is 3%.

The average volume for Rockwood has been 836,100 shares per day over the past 30 days. Rockwood has a market cap of $3.64 billion and is part of the basic materials sector and chemicals industry. Shares are up 19.1% year to date as of the close of trading on Wednesday.

Rockwood Holdings, Inc. develops, manufactures, and markets specialty chemicals and materials for industrial and commercial applications primarily in Germany, the United States, and Europe. The company has a P/E ratio of 12.4, above the average chemicals industry P/E ratio of 12.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Rockwood as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, attractive valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Rockwood Ratings Report.

See our dividend calendar or top-yielding stocks list.
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