NEW YORK (TheStreet) — The ex-dividend date for United Parcel Service (NYSE:UPS) is tomorrow, May 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 52 cents per share. At a price of $74.54 as of 9:33 am ET, the dividend yield is 2.8%.

The average volume for United Parcel Service has been 4.1 million shares per day over the past 30 days. United Parcel Service has a market cap of $54.4 billion and is part of the services sector and transportation industry. Shares are up 2.5% year to date as of the previous trading days close.

United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: US Domestic Package, International Package, and Supply Chain amp; Freight. The US The company has a P/E ratio of 19.2, equal to the average transportation industry P/E ratio and above the Samp;P 500 P/E ratio of 17.7.

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TheStreet Ratings rates United Parcel Service as a buy. The companys strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full United Parcel Service Ratings Report.

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Tags: Service Ratings