Prudential Financial Stock To Go Ex-dividend Tomorrow (PRU)

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 Prudential Financial (NYSE: PRU) is tomorrow, November 16, 2012. Owners of shares as of market close today will be eligible for a dividend of $1.60 per share. At a price of $49.99 as of 9:30 a.m. ET, the dividend yield is 3.1%.

The average volume for Prudential Financial has been 3.5 million shares per day over the past 30 days. Prudential Financial has a market cap of $23.53 billion and is part of the financial sector and insurance industry. Shares are up 1.6% year to date as of the close of trading on Wednesday.

Prudential Financial, Inc., through its subsidiaries, provides various financial products and services, including life insurance, annuities, retirement-related services, mutual funds, and investment management services in the United States, Asia, Europe, and Latin America. The company has a P/E ratio of 20.2, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Prudential Financial as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Prudential Financial Ratings Report.

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