Credit Suisse Group Stock To Go Ex-dividend Tomorrow (CS)

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 Credit Suisse Group (NYSE: CS) is tomorrow, May 1, 2013. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $28.45 as of 9:31 a.m. ET, the dividend yield is 0.4%.

The average volume for Credit Suisse Group has been 1.8 million shares per day over the past 30 days. Credit Suisse Group has a market cap of $36.68 billion and is part of the financial sector and banking industry. Shares are up 15.7% year to date as of the close of trading on Monday.

Credit Suisse Group AG, together with its subsidiaries, provides various financial services to private, corporate, institutional, and government clients, as well as high-net-worth individuals worldwide. The company has a P/E ratio of 9.5, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Credit Suisse Group as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and weak operating cash flow. You can view the full Credit Suisse Group Ratings Report.

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