Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK (

TheStreet

) -- The ex-dividend date for

Fluor Corporation

(NYSE:

FLR

) is tomorrow, August 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $52.51 as of 9:30 a.m. ET, the dividend yield is 1.2%.

The average volume for Fluor has been 1.7 million shares per day over the past 30 days. Fluor has a market cap of $8.8 billion and is part of the

industrial goods

sector and

materials & construction

industry. Shares are up 4.6% 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 14.9, equal to the average materials & construction industry P/E ratio and below 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 robust revenue growth, notable return on equity, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Fluor Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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