First American Financial Stock To Go Ex-dividend Tomorrow (FAF)
The ex-dividend date for First American Financial (NYSE:FAF) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $16.51 as of 9:30 a.m., the dividend yield is 1.9%.
NEW YORK ( TheStreet) -- The ex-dividend date for First American Financial (NYSE: FAF) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $16.51 as of 9:30 a.m. ET, the dividend yield is 1.9%. The average volume for First American Financial has been 553,200 shares per day over the past 30 days. First American Financial has a market cap of $1.82 billion and is part of the financial sector and insurance industry. Shares are up 35% year to date as of the close of trading on Monday. First American Financial Corporation, through its subsidiaries, provides financial services in the United States and internationally. The company operates in two segments, Title Insurance and Services, and Specialty Insurance. The company has a P/E ratio of 14.6, below the average insurance industry P/E ratio of 14.8 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates First American Financial as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full First American Financial Ratings Report. See our dividend calendar or top-yielding stocks list.