The ex-dividend date for Geo Group (NYSE:GEO) is tomorrow, May 16, 2013. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $38.69 as of 9:30 a.m., the dividend yield is 5.2%.
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 Geo Group (NYSE: GEO) is tomorrow, May 16, 2013. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $38.69 as of 9:30 a.m. ET, the dividend yield is 5.2%. The average volume for Geo Group has been 945,900 shares per day over the past 30 days. Geo Group has a market cap of $2.75 billion and is part of the services sector and diversified services industry. Shares are up 37.3% year to date as of the close of trading on Tuesday. The GEO Group, Inc. provides government-outsourced services specializing in the management of correctional, detention, and re-entry facilities, and the provision of community based services and youth services in the United States, Australia, South Africa, the United Kingdom, and Canada. The company has a P/E ratio of 15.5, below 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 Geo Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, revenue growth, notable return on equity and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Geo Group 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.