NEW YORK (

TheStreet

) -- The ex-dividend date for

Newell Rubbermaid

(NYSE:

NWL

) is Tuesday, May 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $18.43 as of 9:30 a.m. ET, the dividend yield is 2.2%.

The average volume for Newell Rubbermaid has been 2.8 million shares per day over the past 30 days. Newell Rubbermaid has a market cap of $5.21 billion and is part of the

consumer goods

sector and

consumer durables

industry. Shares are up 12.9% year to date as of the close of trading on Thursday.

Newell Rubbermaid Inc. designs, manufactures, and markets consumer and commercial products. It operates in three segments: Home & Family, Office Products, and Tools, Hardware & Commercial Products. The company has a P/E ratio of 38.8, below the average consumer durables industry P/E ratio of 42.8 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Newell Rubbermaid as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Newell Rubbermaid Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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