The ex-dividend date for Boeing (NYSE:BA) is tomorrow, May 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 49 cents per share. At a price of $94.40 as of 9:35 a.m., the dividend yield is 2.1%.
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 Boeing (NYSE: BA) is tomorrow, May 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 49 cents per share. At a price of $94.40 as of 9:35 a.m. ET, the dividend yield is 2.1%. The average volume for Boeing has been 5.1 million shares per day over the past 30 days. Boeing has a market cap of $71.12 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 25% year to date as of the close of trading on Monday. The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company has a P/E ratio of 17.6, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Boeing as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Boeing 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.