ACE Stock To Go Ex-dividend Tomorrow (ACE)

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 ACE (NYSE: ACE) is tomorrow, December 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 49 cents per share. At a price of $80.95 as of 2:40 p.m. ET, the dividend yield is 2.4%.

The average volume for ACE has been 1.5 million shares per day over the past 30 days. ACE has a market cap of $27.46 billion and is part of the financial sector and insurance industry. Shares are up 15.3% year to date as of the close of trading on Tuesday.

ACE Limited, through its subsidiaries, provides a range of insurance and reinsurance products to insureds worldwide. The company has a P/E ratio of 8.1, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates ACE as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full ACE Ratings Report.

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