PartnerRe Stock To Go Ex-dividend Tomorrow (PRE)

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 PartnerRe (NYSE: PRE) is tomorrow, February 14, 2013. Owners of shares as of market close today will be eligible for a dividend of 64 cents per share. At a price of $88.41 as of 9:30 a.m. ET, the dividend yield is 2.9%.

The average volume for PartnerRe has been 443,200 shares per day over the past 30 days. PartnerRe has a market cap of $5.45 billion and is part of the financial sector and insurance industry. Shares are up 10.6% year to date as of the close of trading on Tuesday.

PartnerRe Ltd., through its subsidiaries, provides reinsurance services worldwide. The company has a P/E ratio of 8.5, below the S&P 500 P/E ratio of 17.7.

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

See our dividend calendar or top-yielding stocks list.

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