NEW YORK (

TheStreet

) -- The ex-dividend date for

General Electric

(NYSE:

GE

) is tomorrow, December 22, 2011. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $17.38 as of 9:30 a.m. ET, the dividend yield is 4%.

The average volume for General Electric has been 68.7 million shares per day over the past 30 days. General Electric has a market cap of $178 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are down 5.6% year to date as of the close of trading on Tuesday.

General Electric Company (GE) operates as a technology, service, and finance company worldwide. The company has a P/E ratio of 13.7, below the average industrial industry P/E ratio of 13.9 and below the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates General Electric as a

hold

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, expanding profit margins and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and weak operating cash flow. You can view the full

General Electric Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

null