NEW YORK (

TheStreet

) -- The ex-dividend date for

Ball Corporation

(NYSE:

BLL

) is tomorrow, May 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $38.37 as of 9:31 a.m. ET, the dividend yield is 0.7%.

The average volume for Ball has been 1.3 million shares per day over the past 30 days. Ball has a market cap of $6.5 billion and is part of the

consumer goods

sector and

consumer non-durables

industry. Shares are up 13% year to date as of the close of trading on Wednesday.

Ball Corporation, together with its subsidiaries, supplies metal packaging to the beverage, food, and household products industries worldwide. The company has a P/E ratio of 12.6, below the average consumer non-durables industry P/E ratio of 14.4 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Ball as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Ball Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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