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 FedEx Corporation (NYSE: FDX) is Monday, November 19, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $86.42 as of 9:30 a.m. ET, the dividend yield is 0.6%. The average volume for FedEx has been 2.4 million shares per day over the past 30 days. FedEx has a market cap of $27.36 billion and is part of the services sector and transportation industry. Shares are up 4.3% year to date as of the close of trading on Thursday. FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. The company has a P/E ratio of 13.6, below the S&P 500 P/E ratio of 17.7.
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