The ex-dividend date for L-3 Communications Holdings (NYSE:LLL) is tomorrow, February 27, 2013. Owners of shares as of market close today will be eligible for a dividend of 55 cents per share. At a price of $75.64 as of 9:31 a.m., the dividend yield is 2.9%.
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 L-3 Communications Holdings (NYSE: LLL) is tomorrow, February 27, 2013. Owners of shares as of market close today will be eligible for a dividend of 55 cents per share. At a price of $75.64 as of 9:31 a.m. ET, the dividend yield is 2.9%. The average volume for L-3 has been 742,700 shares per day over the past 30 days. L-3 has a market cap of $7.23 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 0.3% year to date as of the close of trading on Monday. L-3 Communications Holdings, Inc. provides command, control, communications, intelligence, surveillance, and reconnaissance (C3ISR) systems; aircraft modernization and maintenance; and government services in the United States and internationally. The company has a P/E ratio of 9.6, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates L-3 as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full L-3 Ratings Report. See our dividend calendar or top-yielding stocks list. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.