Activision Blizzard Stock To Go Ex-dividend Monday (ATVI)
The ex-dividend date for Activision Blizzard (Nasdaq:ATVI) is Monday, March 18, 2013. Owners of shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $14.92 as of 9:32 a.m., the dividend yield is 1.3%.
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 Activision Blizzard (Nasdaq: ATVI) is Monday, March 18, 2013. Owners of shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $14.92 as of 9:32 a.m. ET, the dividend yield is 1.3%. The average volume for Activision Blizzard has been 9.3 million shares per day over the past 30 days. Activision Blizzard has a market cap of $16.68 billion and is part of the technology sector and computer software & services industry. Shares are up 41.5% year to date as of the close of trading on Thursday. Activision Blizzard, Inc. publishes online, personal computer (PC), console, handheld, and mobile interactive entertainment products worldwide. It operates in three segments: Activision, Blizzard, and Distribution. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Activision Blizzard as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Activision Blizzard 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.