NEW YORK (

TheStreet

) -- The ex-dividend date for

Petroleo Brasileiro SA Petrobras

(NYSE:

PBR

) is Tuesday, January 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $24.60 as of 9:30 a.m. ET, the dividend yield is 0.6%.

The average volume for Petroleo Brasileiro SA Petrobras has been 14.9 million shares per day over the past 30 days. Petroleo Brasileiro SA Petrobras has a market cap of $159.73 billion and is part of the

basic materials

sector and

energy

industry. Shares are down 35% year to date as of the close of trading on Thursday.

Petroleo Brasileiro S.A. primarily engages in oil and natural gas exploration and production, refining, trade, and transportation businesses. The company has a P/E ratio of 6.3, below the average energy industry P/E ratio of 8.4 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 Petroleo Brasileiro SA Petrobras as a

hold

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full

Petroleo Brasileiro SA Petrobras Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

null