AmTrust Financial Services Stock To Go Ex-dividend Tomorrow (AFSI)
The ex-dividend date for AmTrust Financial Services (Nasdaq:AFSI) is tomorrow, June 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $28.66 as of 9:30 a.m., the dividend yield is 1.4%.
NEW YORK ( TheStreet) -- The ex-dividend date for AmTrust Financial Services (Nasdaq: AFSI) is tomorrow, June 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $28.66 as of 9:30 a.m. ET, the dividend yield is 1.4%. The average volume for AmTrust Financial Services has been 272,400 shares per day over the past 30 days. AmTrust Financial Services has a market cap of $1.73 billion and is part of the financial sector and insurance industry. Shares are up 21.1% year to date as of the close of trading on Tuesday. AmTrust Financial Services, Inc., through its subsidiaries, underwrites and provides property and casualty insurance in the United States and internationally. The company has a P/E ratio of 11, above the average insurance industry P/E ratio of 10.7 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates AmTrust Financial Services as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full AmTrust Financial Services Ratings Report. See our dividend calendar or top-yielding stocks list.