Axis Stock To Go Ex-dividend Tomorrow (AXS)

NEW YORK ( TheStreet) -- The ex-dividend date for Axis Capital Holdings (NYSE: AXS) is tomorrow, December 27, 2013. Owners of shares as of market close today will be eligible for a dividend of 27 cents per share. At a price of $47.02 as of 9:49 a.m. ET, the dividend yield is 2.3%.

The average volume for Axis has been 729,600 shares per day over the past 30 days. Axis has a market cap of $5.38 billion and is part of the financial sector and insurance industry. Shares are up 35.9% year to date as of the close of trading on Tuesday.

AXIS Capital Holdings Limited provides specialty lines insurance and treaty reinsurance products in Bermuda, the United States, Europe, Singapore, Canada, Australia, and Latin America.

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TheStreet Ratings rates Axis as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, good cash flow from operations 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 Axis Ratings Report.

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