The ex-dividend date for MetLife (NYSE:MET) is tomorrow, May 7, 2013. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $40.54 as of 9:31 a.m., the dividend yield is 2.8%.
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 MetLife (NYSE: MET) is tomorrow, May 7, 2013. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $40.54 as of 9:31 a.m. ET, the dividend yield is 2.8%. The average volume for MetLife has been 9.1 million shares per day over the past 30 days. MetLife has a market cap of $43.84 billion and is part of the financial sector and insurance industry. Shares are up 22.9% year to date as of the close of trading on Friday. MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, the Middle East, Asia, and Europe. The company has a P/E ratio of 33.6, above the S&P 500 P/E ratio of 17.7.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates MetLife as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, increase in net income, revenue growth and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full MetLife 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.