NEW YORK (

TheStreet

) -- The ex-dividend date for

Gold Fields

(NYSE:

GFI

) is tomorrow, August 31, 2011. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $16.52 as of 9:30 a.m. ET, the dividend yield is 1.5%.

The average volume for Gold Fields has been 4.7 million shares per day over the past 30 days. Gold Fields has a market cap of $11.8 billion and is part of the

basic materials

sector and

metals & mining

industry. Shares are down 10.2% year to date as of the close of trading on Monday.

Gold Fields Limited engages in the acquisition, exploration, development, and production of gold properties. It also explores for copper. The company holds interests in mines located in South Africa, Ghana, Australia, and Peru. The company has a P/E ratio of 29.6, below the average metals & mining industry P/E ratio of 814 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Gold Fields as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

Gold Fields Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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