Invesco Stock To Go Ex-dividend Monday (IVZ)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- The ex-dividend date for Invesco (NYSE: IVZ) is Monday, August 20, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $24.16 as of 9:30 a.m. ET, the dividend yield is 2.9%.

The average volume for Invesco has been five million shares per day over the past 30 days. Invesco has a market cap of $10.5 billion and is part of the financial sector and financial services industry. Shares are up 17.6% year to date as of the close of trading on Thursday.

Invesco Ltd. is a publicly owned investment manager. The firm primarily provides its services to individuals, typically high net worth individuals. It also manages accounts for institutions. The firm manages separate client focused equity, fixed income, balanced portfolios. The company has a P/E ratio of 15.2, above the average financial services industry P/E ratio of 15 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Invesco as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Invesco Ratings Report.

See our dividend calendar or top-yielding stocks list.
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