Validus Stock To Go Ex-dividend Tomorrow (VR)

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 Validus Holdings (NYSE: VR) is tomorrow, June 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $36.75 as of 9:30 a.m. ET, the dividend yield is 3.3%.

The average volume for Validus has been one million shares per day over the past 30 days. Validus has a market cap of $3.83 billion and is part of the financial sector and insurance industry. Shares are up 6% year to date as of the close of trading on Monday.

Validus Holdings, Ltd. through its subsidiaries, provides reinsurance, insurance, and insurance linked securities fund management services in the property, marine, and specialty lines markets worldwide. The company has a P/E ratio of 7.8, below the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Validus as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, notable return on equity, compelling growth in net income and attractive valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Validus 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..
null

If you liked this article you might like

Dow, S&P 500 and Nasdaq Post New Records as Senate Reaches Deal to End Shutdown

Dow, S&P 500 and Nasdaq Post New Records as Senate Reaches Deal to End Shutdown

Closing Bell: LIVE MARKETS BLOG

Closing Bell: LIVE MARKETS BLOG

Dow, S&P 500 and Nasdaq Shake Off Government Shutdown to Trade Higher

Dow, S&P 500 and Nasdaq Shake Off Government Shutdown to Trade Higher

California's Wild Fires Could Cost Insurance Companies Shocking Amounts

California's Wild Fires Could Cost Insurance Companies Shocking Amounts

Hurricanes Irma and Harvey Might Cost $100 Billion, Dealing Big Blow to Insurers

Hurricanes Irma and Harvey Might Cost $100 Billion, Dealing Big Blow to Insurers