Bunge Stock To Go Ex-dividend Tomorrow (BG)

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 Bunge (NYSE: BG) is tomorrow, May 16, 2013. Owners of shares as of market close today will be eligible for a dividend of 27 cents per share. At a price of $71.84 as of 9:31 a.m. ET, the dividend yield is 1.5%.

The average volume for Bunge has been 1.1 million shares per day over the past 30 days. Bunge has a market cap of $10.52 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 0.7% year to date as of the close of trading on Tuesday.

Bunge Limited, through its subsidiaries, engages in agriculture and food business worldwide. The company has a P/E ratio of 24.6, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Bunge as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Bunge Ratings Report.

See our dividend calendar or top-yielding stocks list.

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