The ex-dividend date for Beam (NYSE:BEAM) is Monday, May 6, 2013. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $66.22 as of 12:11 p.m., the dividend yield is 1.4%.
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 Beam (NYSE: BEAM) is Monday, May 6, 2013. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $66.22 as of 12:11 p.m. ET, the dividend yield is 1.4%. The average volume for Beam has been 757,600 shares per day over the past 30 days. Beam has a market cap of $10.31 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 8.2% year to date as of the close of trading on Thursday. Beam Inc. manufactures and sells distilled spirits worldwide. The company's principal products include bourbon whiskey, tequila, Scotch whisky, Canadian whisky, vodka, cognac, rum, cordials, and ready-to-drink pre-mixed cocktails. The company has a P/E ratio of 25.9, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Beam as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, increase in net income, good cash flow from operations and increase in stock price during the past year. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Beam Ratings Report. See our dividend calendar or top-yielding stocks list. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.