NEW YORK ( TheStreet) -- The ex-dividend date for Copa Holdings (NYSE: CPA) is tomorrow, May 26, 2011. Owners of shares as of market close today will be eligible for a dividend of $1.64 per share. At a price of $62.21 as of 9:40 a.m. ET, the dividend yield is 2.6%.

The average volume for Copa has been 234,800 shares per day over the past 30 days. Copa has a market cap of $2.1 billion and is part of the services sector and transportation industry. Shares are up 6.3% year to date as of the close of trading on Tuesday.

Copa Holdings, S. A., through its subsidiaries, provides airline passenger and cargo services. The company offers air transportation services for leisure and business travelers; and cargo, which include freight, courier, and mail service. The company has a P/E ratio of 11.5, above the average transportation industry P/E ratio of 6.6 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Copa as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Copa Ratings Report.

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