Western Union Stock To Go Ex-dividend Tomorrow (WU)

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 Western Union Company (NYSE: WU) is tomorrow, June 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $16.64 as of 9:30 a.m. ET, the dividend yield is 3%.

The average volume for Western Union has been 7.3 million shares per day over the past 30 days. Western Union has a market cap of $9.28 billion and is part of the financial sector and financial services industry. Shares are up 23.4% year to date as of the close of trading on Monday.

The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers cash money transfer services involving walk-in agent locations. The company has a P/E ratio of 10, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Western Union as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Western Union Ratings Report.

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