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 XL Group (NYSE: XL) is tomorrow, September 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $23.76 as of 9:30 a.m. ET, the dividend yield is 1.9%. The average volume for XL Group has been 2.6 million shares per day over the past 30 days. XL Group has a market cap of $7.26 billion and is part of the financial sector and insurance industry. Shares are up 20.2% year to date as of the close of trading on Monday. XL Group plc, through its subsidiaries, provides insurance and reinsurance coverages to industrial, commercial, and professional firms, as well as insurance companies and other enterprises worldwide. The company operates in three segments: Insurance, Reinsurance, and Life Operations.
TheStreet Ratings rates XL Group as a hold. 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 good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, deteriorating net income and poor profit margins. You can view the full XL Group Ratings Report. See our dividend calendar or top-yielding stocks list. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.