NEW YORK (

TheStreet

) -- The ex-dividend date for

Assurant

(NYSE:

AIZ

) is tomorrow, February 23, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $44.32 as of 9:30 a.m. ET, the dividend yield is 1.6%.

The average volume for Assurant has been 855,600 shares per day over the past 30 days. Assurant has a market cap of $3.6 billion and is part of the

financial

sector and

insurance

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

Assurant, Inc., through its subsidiaries, provides specialized insurance products and related services. The company has a P/E ratio of 7.9, below the average insurance industry P/E ratio of 17.4 and below the S&P 500 P/E ratio of 17.7.

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

TheStreet Ratings rates Assurant as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Assurant Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

null