NEW YORK (

TheStreet

) -- The ex-dividend date for

Oceaneering International

(NYSE:

OII

) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $55.93 as of 9:30 a.m. ET, the dividend yield is 1.1%.

The average volume for Oceaneering International has been 911,000 shares per day over the past 30 days. Oceaneering International has a market cap of $5.15 billion and is part of the

basic materials

sector and

energy

industry. Shares are up 21.4% year to date as of the close of trading on Friday.

Oceaneering International, Inc., together with its subsidiaries, provides engineered products and services primarily to the offshore oil and gas industry with a focus on deepwater applications. The company has a P/E ratio of 26.3, above the average energy industry P/E ratio of 23.1 and above the S&P 500 P/E ratio of 17.7.

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

TheStreet Ratings rates Oceaneering International as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Oceaneering International Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

null