NEW YORK (

TheStreet

) -- The ex-dividend date for

VimpelCom

(NYSE:

VIP

) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 36 cents per share. At a price of $11.48 as of 9:30 a.m. ET, the dividend yield is 5.5%.

The average volume for VimpelCom has been 3.2 million shares per day over the past 30 days. VimpelCom has a market cap of $17.75 billion and is part of the

technology

sector and

telecommunications

industry. Shares are down 25.3% year to date as of the close of trading on Friday.

VimpelCom Ltd. operates as an integrated telecommunications services provider, offering voice and data services through a range of wireless, fixed, and broadband technologies. The company has a P/E ratio of 11.5, above the average telecommunications industry P/E ratio of 10.7 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates VimpelCom 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, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full

VimpelCom Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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