The ex-dividend date for Goldcorp (NYSE:GG) is tomorrow, September 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $42.52 as of 9:30 a.m., the dividend yield is 1.3%.
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 Goldcorp (NYSE: GG) is tomorrow, September 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $42.52 as of 9:30 a.m. ET, the dividend yield is 1.3%. The average volume for Goldcorp has been 5.2 million shares per day over the past 30 days. Goldcorp has a market cap of $34.86 billion and is part of the basic materials sector and metals & mining industry. Shares are down 2.8% year to date as of the close of trading on Monday. Goldcorp Inc. engages in the acquisition, development, exploration, and operation of precious metal properties. It primarily explores gold, silver, copper, lead, and zinc. The company has a P/E ratio of 26.7, below the average metals & mining industry P/E ratio of 27.6 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Goldcorp as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and deteriorating net income. You can view the full Goldcorp Ratings Report. See our dividend calendar or top-yielding stocks list. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.