Frontier Communications Corp Class B Stock To Go Ex-dividend Tomorrow (FTR)

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 Frontier Communications Corp Class B (Nasdaq: FTR) is tomorrow, December 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $4.77 as of 9:31 a.m. ET, the dividend yield is 8.3%.

The average volume for Frontier Communications Corp Class B has been 9.3 million shares per day over the past 30 days. Frontier Communications Corp Class B has a market cap of $4.8 billion and is part of the technology sector and telecommunications industry. Shares are down 6.6% year to date as of the close of trading on Monday.

Frontier Communications Corporation provides communications services for residential and business customers in the United States. The company has a P/E ratio of 32.1, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Frontier Communications Corp Class B as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and generally higher debt management risk. You can view the full Frontier Communications Corp Class B Ratings Report.

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