NEW YORK ( TheStreet) -- The ex-dividend date for Travelers Companies (NYSE: TRV) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 41 cents per share. At a price of $58.06 as of 9:30 a.m. ET, the dividend yield is 2.8%. The average volume for Travelers Companies has been 3.9 million shares per day over the past 30 days. Travelers Companies has a market cap of $23.94 billion and is part of the financial sector and insurance industry. Shares are down 1.1% year to date as of the close of trading on Monday. The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. The company has a P/E ratio of 17.3, above the average insurance industry P/E ratio of 15.4 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Travelers Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Travelers Companies Ratings Report. See our dividend calendar or top-yielding stocks list.