Cablevision Systems Stock To Go Ex-dividend Tomorrow (CVC)

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 Cablevision Systems (NYSE: CVC) is tomorrow, March 13, 2013. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $14.26 as of 9:31 a.m. ET, the dividend yield is 4.3%.

The average volume for Cablevision Systems has been 3.2 million shares per day over the past 30 days. Cablevision Systems has a market cap of $2.94 billion and is part of the services sector and media industry. Shares are down 4.5% year to date as of the close of trading on Monday.

Cablevision Systems Corporation provides telecommunications and media services. It operates in two segments, Telecommunications Services and Other. The company has a P/E ratio of 116.3, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Cablevision Systems as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including relatively poor performance when compared with the S&P 500 during the past year and feeble growth in the company's earnings per share. You can view the full Cablevision Systems Ratings Report.

See our dividend calendar or top-yielding stocks list.

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