Tidewater Stock To Go Ex-dividend Tomorrow (TDW)

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 Tidewater (NYSE: TDW) is tomorrow, May 31, 2013. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $56.19 as of 9:30 a.m. ET, the dividend yield is 1.8%.

The average volume for Tidewater has been 661,900 shares per day over the past 30 days. Tidewater has a market cap of $2.8 billion and is part of the basic materials sector and energy industry. Shares are up 26.7% year to date as of the close of trading on Wednesday.

Tidewater Inc. provides offshore service vessels and marine support services through the operation of a fleet of marine service vessels. The company has a P/E ratio of 18.7, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Tidewater as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Tidewater Ratings Report.

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