Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK (

TheStreet

) -- The ex-dividend date for

Cooper Industries

(NYSE:

CBE

) is tomorrow, August 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $74.27 as of 9:30 a.m. ET, the dividend yield is 1.7%.

The average volume for Cooper has been 2.1 million shares per day over the past 30 days. Cooper has a market cap of $11.92 billion and is part of the

technology

sector and

electronics

industry. Shares are up 37.3% year to date as of the close of trading on Monday.

Cooper Industries plc manufactures and sells electrical components and tools in the United States and internationally. It operates in two segments, Energy and Safety Solutions, and Electrical Products Group. The company has a P/E ratio of 18, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

  • ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

TheStreet Ratings rates Cooper 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, solid stock price performance, impressive record of earnings per share growth 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 Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

null