The ex-dividend date for Fluor Corporation (NYSE:FLR) is tomorrow, May 30, 2013. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $63.57 as of 9:31 a.m., the dividend yield is 1%.
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 Fluor Corporation (NYSE: FLR) is tomorrow, May 30, 2013. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $63.57 as of 9:31 a.m. ET, the dividend yield is 1%. The average volume for Fluor has been 2.1 million shares per day over the past 30 days. Fluor has a market cap of $10.37 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 9.4% year to date as of the close of trading on Tuesday. Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. The company operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services, and Power. The company has a P/E ratio of 22.6, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Fluor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Fluor Ratings Report. See our dividend calendar or top-yielding stocks list. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.