The ex-dividend date for BP (NYSE:BP) is tomorrow, May 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 54 cents per share. At a price of $44.03 as of 9:30 a.m., the dividend yield is 4.9%.
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 BP (NYSE: BP) is tomorrow, May 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 54 cents per share. At a price of $44.03 as of 9:30 a.m. ET, the dividend yield is 4.9%. The average volume for BP has been 7.4 million shares per day over the past 30 days. BP has a market cap of $140.37 billion and is part of the basic materials sector and energy industry. Shares are up 5.6% year to date as of the close of trading on Monday. BP p.l.c. provides fuel for transportation, energy for heat and light, lubricants to engines, and petrochemicals products. The company has a P/E ratio of 439.6, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates BP as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full BP 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.