NEW YORK ( TheStreet) -- The ex-dividend date for Grupo Televisa (NYSE: TV) is tomorrow, June 3, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $22.99 as of 9:32 a.m. ET, the dividend yield is 0.6%.

The average volume for Grupo Televisa has been 2.2 million shares per day over the past 30 days. Grupo Televisa has a market cap of $13.1 billion and is part of the services sector and media industry. Shares are down 11.2% year to date as of the close of trading on Wednesday.

Grupo Televisa, S.A.B., together with its subsidiaries, operates as a media company in Mexico and internationally. It operates in six segments: Television Broadcasting, Pay Television Networks, Programming Exports, Publishing, Sky, and Cable and Telecom. The company has a P/E ratio of 21.2, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Grupo Televisa as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Grupo Televisa Ratings Report.

See our dividend calendar or top-yielding stocks list.
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