NEW YORK (

TheStreet

) -- The ex-dividend date for

AngloGold Ashanti

(NYSE:

AU

) is tomorrow, August 31, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $45.03 as of 9:30 a.m. ET, the dividend yield is 0.5%.

The average volume for AngloGold Ashanti has been two million shares per day over the past 30 days. AngloGold Ashanti has a market cap of $17.1 billion and is part of the

basic materials

sector and

metals & mining

industry. Shares are down 9.9% year to date as of the close of trading on Monday.

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AngloGold Ashanti Limited primarily engages in the exploration and production of gold. It also produces silver, uranium oxide, and sulfuric acid. The company has a P/E ratio of 149.5, above the average metals & mining industry P/E ratio of 64.1 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates AngloGold Ashanti as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, robust revenue growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full

AngloGold Ashanti Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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