NEW YORK (

TheStreet

) -- The ex-dividend date for

Fluor Corporation

(NYSE:

FLR

) is tomorrow, March 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $62.03 as of 9:30 a.m. ET, the dividend yield is 1%.

The average volume for Fluor has been 2.1 million shares per day over the past 30 days. Fluor has a market cap of $9.35 billion and is part of the

industrial goods

sector and

materials & construction

industry. Shares are up 23.4% year to date as of the close of trading on Tuesday.

Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. The company has a P/E ratio of 18.4, above the average materials & construction industry P/E ratio of 17.5 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, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Fluor Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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