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

NEW YORK ( TheStreet) -- The ex-dividend date for Western Union Company (NYSE: WU) is tomorrow, December 13, 2013. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $16.60 as of 9:50 a.m. ET, the dividend yield is 3%.

The average volume for Western Union has been 7.7 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 21.8% year to date as of the close of trading on Wednesday.

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 11.1, 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 solid stock price performance, expanding profit margins 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.

See our dividend calendar or top-yielding stocks list.

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