Shares of Time Warner Cable, which have fallen 11 percent this year, were up a fraction today (Monday) one day before he company's ex-dividend date. Current shareholders will be eligible to receive a dividend of 65 cents per share -- a yield of 3 percent based on the current price of about $87. The stock also got a lift from a note to clients by Macquarie Capital, which upgraded its rating to Outperform from Neutral, noting that TWC's shares are trading at a significant discount to the company's historical average.
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