NEW YORK ( TheStreet) -- The ex-dividend date for H.J. Heinz Company (NYSE: HNZ) is tomorrow, December 20, 2011. Owners of shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $53.29 as of 9:30 a.m. ET, the dividend yield is 3.6%.

The average volume for H.J. Heinz has been 2.2 million shares per day over the past 30 days. H.J. Heinz has a market cap of $16.96 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 7% year to date as of the close of trading on Friday.

H. J. Heinz Company manufactures and markets food products for consumers, and foodservice and institutional customers in North America, Europe, the Asia Pacific, and internationally. The company has a P/E ratio of 17.7, below the average food & beverage industry P/E ratio of 17.9 and equal to the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates H.J. Heinz as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full H.J. Heinz Ratings Report.

See our dividend calendar or top-yielding stocks list.

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