Axis Stock To Go Ex-dividend Tomorrow (AXS)

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 Axis Capital Holdings (NYSE: AXS) is tomorrow, March 26, 2013. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $41.23 as of 9:31 a.m. ET, the dividend yield is 2.4%.

The average volume for Axis has been 800,000 shares per day over the past 30 days. Axis has a market cap of $5.09 billion and is part of the financial sector and insurance industry. Shares are up 19.7% year to date as of the close of trading on Friday.

AXIS Capital Holdings Limited provides specialty lines insurance and treaty reinsurance products worldwide. It operates in two segments, Insurance and Reinsurance. The company has a P/E ratio of 10.4, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Axis as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Axis Ratings Report.

See our dividend calendar or top-yielding stocks list.

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