The ex-dividend date for Gannett (NYSE:GCI) is tomorrow, June 5, 2013. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $21.05 as of 9:30 a.m., the dividend yield is 3.7%.
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 Gannett (NYSE: GCI) is tomorrow, June 5, 2013. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $21.05 as of 9:30 a.m. ET, the dividend yield is 3.7%. The average volume for Gannett has been 2.6 million shares per day over the past 30 days. Gannett has a market cap of $4.92 billion and is part of the services sector and media industry. Shares are up 19.4% year to date as of the close of trading on Monday. Gannett Co., Inc. operates as a media and marketing solutions company in the United States and internationally. It operates through three segments: Publishing, Digital, and Broadcasting. The Publishing Segment operates 82 U.S. The company has a P/E ratio of 11, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Gannett as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Gannett Ratings Report. See our dividend calendar or top-yielding stocks list. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..