Ingersoll-Rand Stock To Go Ex-dividend Tomorrow (IR)

NEW YORK (TheStreet) -- The ex-dividend date for Ingersoll-Rand (NYSE:IR) is tomorrow, June 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $40.17 as of 9:30 a.m. ET, the dividend yield is 1.5%.

The average volume for Ingersoll-Rand has been 3.8 million shares per day over the past 30 days. Ingersoll-Rand has a market cap of $11.77 billion and is part of the industrial goods sector and industrial industry. Shares are up 29.9% year to date as of the close of trading on Tuesday.

Ingersoll-Rand Public Limited Company engages in the design, manufacture, sale, and service of a diverse portfolio of industrial and commercial products in the United States and internationally. The company has a P/E ratio of 23.2, below the average industrial industry P/E ratio of 25.6 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Ingersoll-Rand as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Ingersoll-Rand Ratings Report.

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For more information on Ingersoll-Rand PLC click any of the following:

• Ingersoll-Rand PLC Stock Price

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• Ingersoll-Rand PLC Key Stats & Profile

• Ingersoll-Rand PLC Earnings

• Ingersoll-Rand PLC Ratio Comparison

• Ingersoll-Rand PLC Growth Rates

• Ingersoll-Rand PLC Balance Sheet

• Ingersoll-Rand PLC Cash Flow

• Ingersoll-Rand PLC Income Statement