NEW YORK (

TheStreet

) -- The ex-dividend date for

Barnes Group

(NYSE:

B

) is tomorrow, February 23, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $20.38 as of 9:30 a.m. ET, the dividend yield is 1.6%.

The average volume for Barnes Group has been 363,600 shares per day over the past 30 days. Barnes Group has a market cap of $1.1 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are up 0.2% year to date as of the close of trading on Friday.

Barnes Group Inc. operates as an international logistical services company, and aerospace and industrial components manufacturer in the United States, Brazil, Canada, China, Germany, Korea, Mexico, Singapore, Sweden, Switzerland, Thailand, and the United Kingdom. The company has a P/E ratio of 21.8, below the average industrial industry P/E ratio of 24.4 and below the S&P 500 P/E ratio of 23.2.

TheStreet Ratings rates Barnes Group as buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Barnes Group Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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