NEW YORK (

TheStreet

) -- The ex-dividend date for

The Dow Chemical

(NYSE:

DOW

) is tomorrow, September 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $25.51 as of 9:30 a.m. ET, the dividend yield is 4.2%.

The average volume for The Dow Chemical has been 11.5 million shares per day over the past 30 days. The Dow Chemical has a market cap of $27.8 billion and is part of the

basic materials

sector and

chemicals

industry. Shares are down 31.1% year to date as of the close of trading on Monday.

The Dow Chemical Company manufactures and supplies products used as raw materials in the production of customer products and services worldwide. The company has a P/E ratio of 10.8, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates The Dow Chemical 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, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

The Dow Chemical Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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