PulteGroup Stock To Go Ex-dividend Tomorrow (PHM)

NEW YORK ( TheStreet) -- The ex-dividend date for PulteGroup (NYSE: PHM) is tomorrow, March 7, 2014. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $20.57 as of 9:50 a.m. ET, the dividend yield is 1%.

The average volume for PulteGroup has been 7.6 million shares per day over the past 30 days. PulteGroup has a market cap of $7.97 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 2.6% year to date as of the close of trading on Wednesday.

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States.

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TheStreet Ratings rates PulteGroup as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full PulteGroup Ratings Report.

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