Xerox Stock To Go Ex-dividend Tomorrow (XRX)

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 Xerox Corporation (NYSE: XRX) is tomorrow, June 26, 2013. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $9.05 as of 9:30 a.m. ET, the dividend yield is 2.5%.

The average volume for Xerox has been nine million shares per day over the past 30 days. Xerox has a market cap of $11.39 billion and is part of the technology sector and computer software & services industry. Shares are up 31.2% year to date as of the close of trading on Monday.

Xerox Corporation provides business process and document management services worldwide. The company has a P/E ratio of 10.1, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Xerox as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, attractive valuation levels, notable return on equity and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Xerox Ratings Report.

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