NEW YORK (

TheStreet

) -- The ex-dividend date for

Rockwell Collins

(NYSE:

COL

) is tomorrow, February 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $59.65 as of 9:30 a.m. ET, the dividend yield is 1.6%.

The average volume for Rockwell Collins has been 1.2 million shares per day over the past 30 days. Rockwell Collins has a market cap of $8.67 billion and is part of the

industrial goods

sector and

aerospace/defense

industry. Shares are up 7.7% year to date as of the close of trading on Tuesday.

Rockwell Collins, Inc. designs, produces, and supports communications and aviation electronics for commercial and military customers worldwide. It operates in two segments, Government Systems and Commercial Systems. The company has a P/E ratio of 15.6, above the average aerospace/defense industry P/E ratio of 15 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Rockwell Collins as a

buy

. The company's strengths can be seen in multiple areas, such as its 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 has had sub par growth in net income. You can view the full

Rockwell Collins Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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