Silver Wheaton Stock To Go Ex-dividend Tomorrow (SLW)

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 Silver Wheaton Corporation (NYSE: SLW) is tomorrow, May 21, 2013. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $21.53 as of 9:31 a.m. ET, the dividend yield is 2.1%.

The average volume for Silver Wheaton has been 5.5 million shares per day over the past 30 days. Silver Wheaton has a market cap of $8.01 billion and is part of the basic materials sector and metals & mining industry. Shares are down 39.7% year to date as of the close of trading on Friday.

Silver Wheaton Corp., together with its subsidiaries, operates as silver and gold streaming company worldwide. The company has 20 long-term purchase agreements associated with silver and gold relating to 23 mining assets. The company has a P/E ratio of 14, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Silver Wheaton as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Silver Wheaton Ratings Report.

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