Allegheny Stock To Go Ex-dividend Monday (ATI)

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 Allegheny Technologies (NYSE: ATI) is Monday, September 17, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $36.64 as of 9:39 a.m. ET, the dividend yield is 2.1%.

The average volume for Allegheny has been 1.7 million shares per day over the past 30 days. Allegheny has a market cap of $3.63 billion and is part of the industrial goods sector and industrial industry. Shares are down 27.3% year to date as of the close of trading on Thursday.

Allegheny Technologies Incorporated (ATI) engages in the production of specialty metals worldwide. It operates in three segments: High Performance Metals, Flat-Rolled Products, and Engineered Products. The company has a P/E ratio of 18.4, above the average industrial industry P/E ratio of 18.3 and above the S&P 500 P/E ratio of 17.7.

  • ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.

TheStreet Ratings rates Allegheny as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full Allegheny 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.
null

If you liked this article you might like

Why the Boardroom Doesn't Need Ivy League Degrees

Steel Stocks Are Red Hot Following AK Earnings Beat and Belief Tarrifs May Be Set Soon