NEW YORK (
) -- The ex-dividend date for
) is tomorrow, September 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $19.67 as of 9:30 a.m. ET, the dividend yield is 0.2%.
The average volume for Actuant has been 956,200 shares per day over the past 30 days. Actuant has a market cap of $1.2 billion and is part of the
industry. Shares are down 28.7% year to date as of the close of trading on Monday.
Actuant Corporation manufactures industrial products and systems worldwide. Its Industrial segment involves in the design, manufacture, and distribution of hydraulic and mechanical tools to the maintenance, industrial, infrastructure, and production automation markets. The company has a P/E ratio of 12.5, above the average industrial industry P/E ratio of 11.6 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Actuant as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, robust revenue growth, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full