NEW YORK (

TheStreet

) -- The ex-dividend date for

Time Warner

(NYSE:

TWX

) is Monday, February 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $37.38 as of 9:30 a.m. ET, the dividend yield is 2.8%.

The average volume for Time Warner has been 6.8 million shares per day over the past 30 days. Time Warner has a market cap of $37.6 billion and is part of the

services

sector and

media

industry. Shares are up 3.2% year to date as of the close of trading on Thursday.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates in three segments: Networks, Filmed Entertainment, and Publishing. The company has a P/E ratio of 14.1, below the average media industry P/E ratio of 14.2 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Time Warner as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

Time Warner Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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