NEW YORK (
) -- The ex-dividend date for
Briggs & Stratton Corporation
) is tomorrow, February 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $19.72 as of 9:30 a.m. ET, the dividend yield is 2.2%.
The average volume for Briggs & Stratton has been 318,100 shares per day over the past 30 days. Briggs & Stratton has a market cap of $1 billion and is part of the
industry. Shares are up 0.1% year to date as of the close of trading on Wednesday.
Briggs & Stratton Corporation designs, manufactures, markets, and services air cooled gasoline engines for outdoor power equipment worldwide. It operates through two segments, Engines and Power Products. The company has a P/E ratio of 30.4, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 22.7.
TheStreet Ratings rates Briggs & Stratton as buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full