Dow Chemical Stock To Go Ex-dividend Tomorrow (DOW)
The ex-dividend date for Dow Chemical (NYSE:DOW) is tomorrow, December 20, 2012. Owners of shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $32.53 as of 1:05 p.m., the dividend yield is 4%.
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 Dow Chemical (NYSE: DOW) is tomorrow, December 20, 2012. Owners of shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $32.53 as of 1:05 p.m. ET, the dividend yield is 4%. The average volume for Dow Chemical has been 8.2 million shares per day over the past 30 days. Dow Chemical has a market cap of $38.16 billion and is part of the basic materials sector and chemicals industry. Shares are up 14% year to date as of the close of trading on Tuesday. The Dow Chemical Company manufactures and supplies chemical products used as raw materials in the manufacture of customer products and services worldwide. The company has a P/E ratio of 24.7, above the S&P 500 P/E ratio of 17.7.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates Dow Chemical as a buy. 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. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Dow Chemical Ratings Report. See our dividend calendar or top-yielding stocks list. Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade.