NEW YORK ( TheStreet) -- The ex-dividend date for Braskem SA Preferred Shares Sponsored ADR R (NYSE: BAK) is tomorrow, May 5, 2011. Owners of shares as of market close today will be eligible for a dividend of $1.05 per share. At a price of $27.54 as of 9:31 a.m. ET, the dividend yield is 3.7%. The average volume for Braskem SA Preferred Shares Sponsored ADR R has been 184,300 shares per day over the past 30 days. Braskem SA Preferred Shares Sponsored ADR R has a market cap of $11.4 billion and is part of the basic materials sector and chemicals industry. Shares are up 10.9% year to date as of the close of trading on Tuesday. Braskem S.A. produces and sells petrochemical products in Brazil and the United States. The company has a P/E ratio of 17.2, above the average chemicals industry P/E ratio of 8.9 and above the S&P 500 P/E ratio of 17.
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TheStreet Ratings rates Braskem SA Preferred Shares Sponsored ADR R as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Braskem SA Preferred Shares Sponsored ADR R Ratings Report. See our dividend calendar or top-yielding stocks list.