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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 Seadrill (NYSE: SDRL) is tomorrow, December 4, 2012. Owners of shares as of market close today will be eligible for a dividend of $1.70 per share. At a price of $38.70 as of 9:31 a.m. ET, the dividend yield is 17.6%. The average volume for Seadrill has been two million shares per day over the past 30 days. Seadrill has a market cap of $18.07 billion and is part of the basic materials sector and energy industry. Shares are up 16.1% year to date as of the close of trading on Friday. Seadrill Limited provides offshore drilling services to the oil and gas industry worldwide. Its services include drilling, completion, and maintenance of offshore wells; production drilling and well maintenance; and well services. The company has a P/E ratio of 13, below the S&P 500 P/E ratio of 17.7.