NEW YORK ( TheStreet) -- The ex-dividend date for Qwest Communications International (NYSE: Q) is tomorrow, February 16, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $7.33 as of 9:31 a.m. ET, the dividend yield is 4.3%. The average volume for Qwest Communications International has been 23.5 million shares per day over the past 30 days. Qwest Communications International has a market cap of $12.9 billion and is part of the technology sector and telecommunications industry. Shares are down 2.5% year to date as of the close of trading on Monday. Qwest Communications International Inc. provides data, Internet, video, and voice services in the United States and internationally. The company has a P/E ratio of 61.8, equal to the average telecommunications industry P/E ratio and above the S&P 500 P/E ratio of 23.3. TheStreet Ratings rates Qwest Communications International as hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that net income has been generally deteriorating over time. You can view the full Qwest Communications International Ratings Report.