NEW YORK (

TheStreet

) -- The ex-dividend date for

Joy Global

(NYSE:

JOY

) is Monday, December 2, 2013. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $56.29 as of 9:50 a.m. ET, the dividend yield is 1.3%.

The average volume for Joy Global has been 1.6 million shares per day over the past 30 days. Joy Global has a market cap of $5.92 billion and is part of the industrial goods sector and industrial industry. Shares are down 12.7% year to date as of the close of trading on Wednesday.

Joy Global Inc. engages in the manufacture and servicing of mining equipment for the extraction of coal, copper, iron ore, oil sands, and other minerals. It operates in two segments, Underground Mining Machinery and Surface Mining Equipment. The company has a P/E ratio of 8.3, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates

Joy Global

as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full

Joy Global Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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