TD Ameritrade Holding Stock To Go Ex-dividend Tomorrow (AMTD)

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 TD Ameritrade Holding Corporation (NYSE: AMTD) is tomorrow, December 19, 2012. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $16.98 as of 9:57 a.m. ET, the dividend yield is 2.2%.

The average volume for TD Ameritrade Holding has been 4.4 million shares per day over the past 30 days. TD Ameritrade Holding has a market cap of $9.04 billion and is part of the financial sector and financial services industry. Shares are up 5.9% year to date as of the close of trading on Monday.

TD Ameritrade Holding Corporation, through its subsidiaries, provides securities brokerage services and technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates TD Ameritrade Holding as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full TD Ameritrade Holding Ratings Report.

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