NEW YORK (

TheStreet

) -- The ex-dividend date for

Teekay Offshore Partners L.P

(NYSE:

TOO

) is Monday, January 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $29.89 as of 9:30 a.m. ET, the dividend yield is 6.8%.

The average volume for Teekay Offshore Partners L.P has been 139,200 shares per day over the past 30 days. Teekay Offshore Partners L.P has a market cap of $2.04 billion and is part of the

services

sector and

transportation

industry. Shares are up 11.8% year to date as of the close of trading on Thursday.

Teekay Offshore Partners L.P. provides marine transportation, oil production, and storage services to the offshore oil industry. The company has a P/E ratio of 24.1, below the average transportation industry P/E ratio of 413.4 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Teekay Offshore Partners L.P as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full

Teekay Offshore Partners L.P Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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