NEW YORK ( TheStreet) -- The ex-dividend date for Titanium Metals Corporation (NYSE: TIE) is tomorrow, September 7, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $14.58 as of 9:31 a.m. ET, the dividend yield is 2%.

The average volume for Titanium has been 2.6 million shares per day over the past 30 days. Titanium has a market cap of $2.7 billion and is part of the basic materials sector and metals & mining industry. Shares are down 11.7% year to date as of the close of trading on Friday.

Titanium Metals Corporation produces and sells titanium melted and mill products. The company has a P/E ratio of 48.9, above the average metals & mining industry P/E ratio of 25.7 and above the S&P 500 P/E ratio of 17.7.
  • Practice your dividend trading strategies and win cash in our stock game.

TheStreet Ratings rates Titanium as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and poor profit margins. You can view the full Titanium Ratings Report.

See our dividend calendar or top-yielding stocks list.
null