NEW YORK (

TheStreet

) -- The ex-dividend date for

Scripps Networks Interactive

(NYSE:

SNI

) is Tuesday, May 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $53.77 as of 9:30 a.m. ET, the dividend yield is 0.9%.

The average volume for Scripps Networks Interactive has been 1.1 million shares per day over the past 30 days. Scripps Networks Interactive has a market cap of $6.21 billion and is part of the

services

sector and

media

industry. Shares are up 24% year to date as of the close of trading on Thursday.

Scripps Networks Interactive, Inc. operates as a lifestyle content company in the United States and internationally. It engages in the operation of television networks, including Home and Garden Television, Food Network, Travel Channel, DIY Network, Cooking Channel, and Great American Country. The company has a P/E ratio of 17.5, below the average media industry P/E ratio of 20.1 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Scripps Networks Interactive as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, revenue growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Scripps Networks Interactive Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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