NEW YORK (

TheStreet

) -- The ex-dividend date for

Tidewater

(NYSE:

TDW

) is tomorrow, August 31, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $52.80 as of 9:30 a.m. ET, the dividend yield is 2%.

The average volume for Tidewater has been 731,300 shares per day over the past 30 days. Tidewater has a market cap of $2.6 billion and is part of the

services

sector and

transportation

industry. Shares are down 1.7% year to date as of the close of trading on Monday.

Tidewater Inc., through its subsidiaries, provides offshore service vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels. The company has a P/E ratio of 28.9, equal to the average transportation industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Tidewater as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full

Tidewater Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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