Leucadia Stock To Go Ex-dividend Tomorrow (LUK)

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 Leucadia National Corporation (NYSE: LUK) is tomorrow, March 14, 2013. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $26.89 as of 9:30 a.m. ET, the dividend yield is 0.9%.

The average volume for Leucadia has been 2.1 million shares per day over the past 30 days. Leucadia has a market cap of $6.52 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 13% year to date as of the close of trading on Tuesday.

Leucadia National Corporation engages in beef processing, manufacturing, gaming entertainment, real estate activities, medical product development, and winery operations in the United States and internationally. The company has a P/E ratio of 7.7, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Leucadia as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, compelling growth in net income, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Leucadia Ratings Report.

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