Credicorp Stock To Go Ex-dividend Tomorrow (BAP)

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 Credicorp (NYSE: BAP) is tomorrow, April 12, 2013. Owners of shares as of market close today will be eligible for a dividend of $2.60 per share. At a price of $158.17 as of 9:35 a.m. ET, the dividend yield is 1.6%.

The average volume for Credicorp has been 298,300 shares per day over the past 30 days. Credicorp has a market cap of $12.68 billion and is part of the financial sector and banking industry. Shares are up 8.3% year to date as of the close of trading on Wednesday.

Credicorp Ltd., through its subsidiaries, provides a range of financial products and services in Peru, Bolivia, and Panama. It operates in four segments: Banking, Insurance, Pension Fund, and Brokerage and Other. The company has a P/E ratio of 17.9, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Credicorp as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase in net income, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Credicorp Ratings Report.

See our dividend calendar or top-yielding stocks list.

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