NEW YORK ( TheStreet) -- The ex-dividend date for News (Nasdaq: NWS) is Monday, March 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $20.01 as of 9:30 a.m. ET, the dividend yield is 0.9%. The average volume for News has been 3.2 million shares per day over the past 30 days. News has a market cap of $15.71 billion and is part of the services sector and media industry. Shares are up 9.7% year to date as of the close of trading on Thursday. News Corporation operates as a diversified media company worldwide. The company has a P/E ratio of 17.6, and equal to the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates News as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full News Ratings Report. See our dividend calendar or top-yielding stocks list.