NEW YORK (

TheStreet

) -- The ex-dividend date for

Everest Re Group

(NYSE:

RE

) is tomorrow, May 25, 2012. Owners of shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $99.80 as of 9:30 a.m. ET, the dividend yield is 1.9%.

The average volume for Everest Re Group has been 408,200 shares per day over the past 30 days. Everest Re Group has a market cap of $5.24 billion and is part of the

financial

sector and

insurance

industry. Shares are up 18.6% 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 (U.S.), Bermuda, and international markets. It operates in four segments: U.S. Reinsurance, Insurance, International, and Bermuda. The U.S. The company has a P/E ratio of 9.9, equal to the average insurance industry P/E ratio and below 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 compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Everest Re Group Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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