NEW YORK (

TheStreet

) -- The ex-dividend date for

Arch Coal Inc

(NYSE:

ACI

) is tomorrow, August 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $19.59 as of 9:35 a.m. ET, the dividend yield is 2.4%.

The average volume for Arch Coal has been 7.6 million shares per day over the past 30 days. Arch Coal has a market cap of $3.9 billion and is part of the

basic materials

sector and

metals & mining

industry. Shares are down 45.8% year to date as of the close of trading on Friday.

TheStreet Recommends

Arch Coal, Inc. The company has a P/E ratio of 19.2, above the average metals & mining industry P/E ratio of 18.8 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Arch Coal as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and generally poor debt management. You can view the full

Arch Coal Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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