Lions Gate Entertainment Stock To Go Ex-dividend Tomorrow (LGF)

NEW YORK ( TheStreet) -- The ex-dividend date for Lions Gate Entertainment Corporation (NYSE: LGF) is tomorrow, December 27, 2013. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $31.37 as of 9:50 a.m. ET, the dividend yield is 0.7%.

The average volume for Lions Gate Entertainment has been 2.1 million shares per day over the past 30 days. Lions Gate Entertainment has a market cap of $4.27 billion and is part of the services sector and media industry. Shares are up 88.6% year to date as of the close of trading on Tuesday.

Lions Gate Entertainment Corp., an entertainment company, engages in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms, and international distribution and sales activities.

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TheStreet Ratings rates Lions Gate Entertainment as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Lions Gate Entertainment Ratings Report.

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