NEW YORK (

TheStreet

) -- The ex-dividend date for

Fluor Corporation

(NYSE:

FLR

) is tomorrow, June 1, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $69.41 as of 9:32 a.m. ET, the dividend yield is 0.7%.

The average volume for Fluor has been 2.2 million shares per day over the past 30 days. Fluor has a market cap of $11.9 billion and is part of the

industrial goods

sector and

materials & construction

industry. Shares are up 2.6% year to date as of the close of trading on Friday.

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Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. The company has a P/E ratio of 34, equal to the average materials & construction industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Fluor 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, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

Fluor Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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