NEW YORK (

TheStreet

) -- The ex-dividend date for

Everest Re Group

(NYSE:

RE

) is Monday, November 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $81.65 as of 9:31 a.m. ET, the dividend yield is 2.4%.

The average volume for Everest Re Group has been 447,100 shares per day over the past 30 days. Everest Re Group has a market cap of $4.58 billion and is part of the

financial

sector and

insurance

industry. Shares are down 3.7% year to date as of the close of trading on Wednesday.

Everest Re Group, Ltd., together with its subsidiaries, underwrites reinsurance and insurance in the United States (the U.S.), Bermuda, and international markets. The company operates in five segments: U.S. Reinsurance, U.S. Insurance, Specialty Underwriting, International, and Bermuda. The company has a P/E ratio of 26.1, below the average insurance industry P/E ratio of 27.2 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Everest Re Group as a

buy

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full

Everest Re Group Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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