Arthur J. Gallagher Stock To Go Ex-dividend Tomorrow (AJG)

NEW YORK ( TheStreet) -- The ex-dividend date for Arthur J. Gallagher (NYSE: AJG) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $34.31 as of 9:30 a.m. ET, the dividend yield is 3.9%.

The average volume for Arthur J. Gallagher has been 766,000 shares per day over the past 30 days. Arthur J. Gallagher has a market cap of $4.12 billion and is part of the financial sector and insurance industry. Shares are up 2.5% year to date as of the close of trading on Monday.

Arthur J. Gallagher & Co. and its subsidiaries provide insurance brokerage and risk management services to various commercial, industrial, institutional, and governmental organizations. It operates in two segments, Brokerage and Risk Management. The company has a P/E ratio of 25, below the average insurance industry P/E ratio of 25.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Arthur J. Gallagher as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, reasonable valuation levels, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Arthur J. Gallagher Ratings Report.

See our dividend calendar or top-yielding stocks list.
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