NEW YORK (

TheStreet

) -- The ex-dividend date for

Cooper Industries PLC

(NYSE:

CBE

) is Monday, November 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $51.95 as of 9:30 a.m. ET, the dividend yield is 2.2%.

The average volume for Cooper Industries PLC has been 2.1 million shares per day over the past 30 days. Cooper Industries PLC has a market cap of $8.48 billion and is part of the

conglomerates

sector and

conglomerates

industry. Shares are down 10.3% year to date as of the close of trading on Wednesday.

Cooper Industries plc manufactures and sells electrical products. It operates in two segments, Energy and Safety Solutions, and Electrical Products Group. The company has a P/E ratio of 14.1, above the average conglomerates industry P/E ratio of 11 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Cooper Industries PLC 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, impressive record of earnings per share growth, good cash flow from operations and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

Cooper Industries PLC Ratings Report

.

See our

dividend calendar

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