Titanium Stock To Go Ex-dividend Tomorrow (TIE)

NEW YORK (TheStreet) -- The ex-dividend date for Titanium Metals Corporation (NYSE:TIE) is tomorrow, June 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $11.49 as of 9:30 a.m. ET, the dividend yield is 2.5%.

The average volume for Titanium has been 1.8 million shares per day over the past 30 days. Titanium has a market cap of $1.95 billion and is part of the basic materials sector and metals & mining industry. Shares are down 24.4% year to date as of the close of trading on Tuesday.

Titanium Metals Corporation produces and sells titanium melted and mill products. The company has a P/E ratio of 17.7, equal to the average metals & mining industry P/E ratio and equal to the S&P 500 P/E ratio of 17.7.

• Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Titanium 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 and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Titanium Ratings Report.

See our dividend calendar or top-yielding stocks list.

For more information on Titanium Metals Corporation click any of the following:

• Titanium Metals Corporation Stock Price

• Titanium Metals Corporation Analyst Ratings

• Titanium Metals Corporation Key Stats & Profile

• Titanium Metals Corporation Earnings

• Titanium Metals Corporation Ratio Comparison

• Titanium Metals Corporation Growth Rates

• Titanium Metals Corporation Balance Sheet

• Titanium Metals Corporation Cash Flow

• Titanium Metals Corporation Income Statement