The

Dow Jones Industrial Average

(

^DJI

) is trading down six points at 12,839 as of Tuesday, Feb 7, 2012, 10:40 a.m. ET. During this time, 191.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio sits at 1,124 issues advancing vs. 1,618 declining with 164 unchanged.

Wednesday, February 8, 2012 is the ex-dividend date for Dow component

Boeing

(NYSE:

BA

). Owners of shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $74.42 as of 10:40 a.m. ET, the dividend yield is 2.3% compared to the average Dow component yield of 2.7%.

The average volume for Boeing has been 5.3 million shares per day over the past 30 days. Boeing has a market cap of $56.01 billion and is part of the

industrial goods

sector and

aerospace/defense

industry. Shares are up 4.1% year to date as of Monday's close.

The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company has a P/E ratio of 14.3, below the average aerospace/defense industry P/E ratio of 14.9 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Boeing as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

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