Blackstone Group Stock To Go Ex-dividend Tomorrow (BX)
The ex-dividend date for Blackstone Group (NYSE:BX) is tomorrow, November 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $14.58 as of 9:30 a.m., the dividend yield is 2.7%.
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 Blackstone Group (NYSE: BX) is tomorrow, November 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $14.58 as of 9:30 a.m. ET, the dividend yield is 2.7%. The average volume for Blackstone Group has been 2.6 million shares per day over the past 30 days. Blackstone Group has a market cap of $7.67 billion and is part of the financial sector and financial services industry. Shares are up 3.8% year to date as of the close of trading on Friday. The Blackstone Group L.P., together with its subsidiaries, provides alternative asset management and financial advisory services worldwide. It operates in five segments: Private Equity, Real Estate, Hedge Fund Solutions, Credit Businesses, and Financial Advisory. The company has a P/E ratio of 85.9, above the S&P 500 P/E ratio of 17.7.
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