NEW YORK (
) -- The ex-dividend date for
) is tomorrow, March 30, 2011. Owners of shares as of market close today will be eligible for a dividend of eight cents per share. At a price of $34.14 as of 9:31 a.m. ET, the dividend yield is 0.9%.
The average volume for Curtiss-Wright has been 260,100 shares per day over the past 30 days. Curtiss-Wright has a market cap of $1.6 billion and is part of the
industry. Shares are up 2.6% year to date as of the close of trading on Monday.
Curtiss-Wright Corporation, together with its subsidiaries, engages in designing, manufacturing, and overhauling precision components and systems. It operates in three segments: Flow Control, Motion Control, and Metal Treatment. The company has a P/E ratio of 14.9, equal to the average aerospace/defense industry P/E ratio and below the S&P 500 P/E ratio of 16.2.
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TheStreet Ratings rates Curtiss-Wright 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, attractive valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full