Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- The ex-dividend date for Loews Corporation (NYSE: L) is tomorrow, August 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $40.33 as of 9:30 a.m. ET, the dividend yield is 0.6%. The average volume for Loews has been 1.1 million shares per day over the past 30 days. Loews has a market cap of $15.91 billion and is part of the financial sector and insurance industry. Shares are up 7.4% year to date as of the close of trading on Monday. Loews Corporation operates primarily as a commercial property and casualty insurance company. The company has a P/E ratio of 18.6, below the average insurance industry P/E ratio of 18.8 and above the S&P 500 P/E ratio of 17.7.
- ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!