Walt Disney Stock To Go Ex-dividend Tomorrow (DIS)

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 Walt Disney (NYSE: DIS) is tomorrow, December 6, 2012. Owners of shares as of market close today will be eligible for a dividend of 75 cents per share. At a price of $49.60 as of 9:30 a.m. ET, the dividend yield is 1.5%.

The average volume for Walt Disney has been 8.7 million shares per day over the past 30 days. Walt Disney has a market cap of $87.35 billion and is part of the services sector and media industry. Shares are up 31.4% year to date as of the close of trading on Tuesday.

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company has a P/E ratio of 15.7, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Walt Disney as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Walt Disney Ratings Report.

See our dividend calendar or top-yielding stocks list.

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