Titanium Stock To Go Ex-dividend Tomorrow (TIE)

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 Titanium Metals Corporation (NYSE: TIE) is tomorrow, December 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $16.53 as of 9:30 a.m. ET, the dividend yield is 1.8%.

The average volume for Titanium has been 2.6 million shares per day over the past 30 days. Titanium has a market cap of $2.91 billion and is part of the basic materials sector and metals & mining industry. Shares are up 10.3% year to date as of the close of trading on Monday.

Titanium Metals Corporation produces and sells titanium melted and mill products. The company has a P/E ratio of 28.7, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Titanium 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 and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and disappointing return on equity. You can view the full Titanium Ratings Report.

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