NEW YORK (

TheStreet

) -- The ex-dividend date for

CH Robinson Worldwide

(Nasdaq:

CHRW

) is tomorrow, August 31, 2011. Owners of shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $70.22 as of 9:30 a.m. ET, the dividend yield is 1.7%.

The average volume for CH Robinson Worldwide has been 1.2 million shares per day over the past 30 days. CH Robinson Worldwide has a market cap of $11.2 billion and is part of the

services

sector and

transportation

industry. Shares are down 12.1% year to date as of the close of trading on Monday.

C.H. Robinson Worldwide, Inc., a third-party logistics company, provides multimodal freight transportation services and logistics solutions to companies in various industries worldwide. The company has a P/E ratio of 27.2, equal to the average transportation industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates CH Robinson Worldwide as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full

CH Robinson Worldwide Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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