NEW YORK (
) -- The ex-dividend date for
Briggs & Stratton Corporation
) is tomorrow, May 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $20.13 as of 9:31 a.m. ET, the dividend yield is 2.2%.
The average volume for Briggs & Stratton has been 347,700 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 1.6% 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 16.5, below the average industrial industry P/E ratio of 16.7 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Briggs & Stratton as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels 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