NEW YORK (
) -- The ex-dividend date for
) is tomorrow, February 23, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $57.18 as of 9:30 a.m. ET, the dividend yield is 0.9%.
The average volume for Donaldson has been 233,500 shares per day over the past 30 days. Donaldson has a market cap of $4.4 billion and is part of the
industry. Shares are down 1% year to date as of the close of trading on Friday.
Donaldson Company, Inc. engages in the manufacture and sale of filtration systems and replacement parts worldwide. The company operates in two segments, Engine Products and Industrial Products. The company has a P/E ratio of 23.5, above the average industrial industry P/E ratio of 23 and above the S&P 500 P/E ratio of 23.2.
TheStreet Ratings rates Donaldson as buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full