NEW YORK (

TheStreet

) -- The ex-dividend date for

AK Steel Holding Corporation

(NYSE:

AKS

) is tomorrow, February 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $8.86 as of 9:30 a.m. ET, the dividend yield is 2.3%.

The average volume for AK Steel Holding has been 8.3 million shares per day over the past 30 days. AK Steel Holding has a market cap of $1.02 billion and is part of the

basic materials

sector and

metals & mining

industry. Shares are up 8.1% year to date as of the close of trading on Monday.

AK Steel Holding Corporation, through its subsidiaries, produces flat-rolled carbon, stainless, and electrical steels, and tubular products in the United States and internationally. The company has a P/E ratio of 97.7, above the S&P 500 P/E ratio of 17.7.

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

TheStreet Ratings rates AK Steel Holding as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full

AK Steel Holding Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

null