The ex-dividend date for Rockwood Holdings (NYSE:ROC) is tomorrow, May 31, 2013. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $67.14 as of 9:35 a.m., the dividend yield is 2.4%.
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 Rockwood Holdings (NYSE: ROC) is tomorrow, May 31, 2013. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $67.14 as of 9:35 a.m. ET, the dividend yield is 2.4%. The average volume for Rockwood has been 806,300 shares per day over the past 30 days. Rockwood has a market cap of $5.26 billion and is part of the basic materials sector and chemicals industry. Shares are up 36.8% year to date as of the close of trading on Wednesday. Rockwood Holdings, Inc. develops, manufactures, and markets specialty chemicals and advanced materials for industrial and commercial applications primarily in Germany, the United States, and Europe. The company has a P/E ratio of 16.5, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Rockwood as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, solid stock price performance, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Rockwood 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.
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