IAC/InterActiveCorp Stock To Go Ex-dividend Monday (IACI)
The ex-dividend date for IAC/InterActiveCorp (Nasdaq:IACI) is Monday, August 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $51.48 as of 9:35 a.m., the dividend yield is 1.9%.
NEW YORK ( TheStreet) -- The ex-dividend date for IAC/InterActiveCorp (Nasdaq: IACI) is Monday, August 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $51.48 as of 9:35 a.m. ET, the dividend yield is 1.9%. The average volume for IAC/InterActiveCorp has been 967,500 shares per day over the past 30 days. IAC/InterActiveCorp has a market cap of $4.24 billion and is part of the services sector and retail industry. Shares are up 21.7% year to date as of the close of trading on Thursday. IAC/InterActiveCorp engages in the Internet business in the United States and internationally. The company has a P/E ratio of 25, below the average retail industry P/E ratio of 25.7 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates IAC/InterActiveCorp as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and reasonable valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full IAC/InterActiveCorp Ratings Report. See our dividend calendar or top-yielding stocks list.