The ex-dividend date for Allegheny Technologies (NYSE:ATI) is Monday, May 20, 2013. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $28.83 as of 9:30 a.m., the dividend yield is 2.5%.
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 Allegheny Technologies (NYSE: ATI) is Monday, May 20, 2013. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $28.83 as of 9:30 a.m. ET, the dividend yield is 2.5%. The average volume for Allegheny has been 1.7 million shares per day over the past 30 days. Allegheny has a market cap of $3.13 billion and is part of the industrial goods sector and industrial industry. Shares are down 5.9% year to date as of the close of trading on Thursday. Allegheny Technologies Incorporated engages in the production and sale of specialty metals worldwide. It operates in three segments: High Performance Metals, Flat-Rolled Products, and Engineered Products. The company has a P/E ratio of 28.4, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Allegheny as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. You can view the full Allegheny 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.