NEW YORK ( TheStreet) -- The ex-dividend date for Embraer (NYSE: ERJ) is Monday, September 26, 2011. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $24.54 as of 9:30 a.m. ET, the dividend yield is 0.6%. The average volume for Embraer has been 1.6 million shares per day over the past 30 days. Embraer has a market cap of $4.8 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 17.2% year to date as of the close of trading on Thursday. Embraer S.A. engages in the development, production, and sale of jet and turboprop aircraft for civil and defense aviation markets. The company has a P/E ratio of 14.3, above the average aerospace/defense industry P/E ratio of 11 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Embraer as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Embraer Ratings Report. See our dividend calendar or top-yielding stocks list.