NEW YORK (

TheStreet

) -- The ex-dividend date for

ACE

(NYSE:

ACE

) is tomorrow, July 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 49 cents per share. At a price of $73.22 as of 9:35 a.m. ET, the dividend yield is 2.8%.

The average volume for ACE has been 1.6 million shares per day over the past 30 days. ACE has a market cap of $23.43 billion and is part of the

financial

sector and

insurance

industry. Shares are down 1.4% year to date as of the close of trading on Wednesday.

ACE Limited, through its subsidiaries, provides a range of insurance and reinsurance products to insureds worldwide. The company has a P/E ratio of 8.5, below the average insurance industry P/E ratio of 10.3 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates ACE as a

buy

. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

ACE Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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