NEW YORK (

TheStreet

) -- The ex-dividend date for

Donaldson Company

(NYSE:

DCI

) is tomorrow, February 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $76.90 as of 2:20 p.m. ET, the dividend yield is 0.8%.

The average volume for Donaldson has been 299,300 shares per day over the past 30 days. Donaldson has a market cap of $5.27 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are up 13.2% year to date as of the close of trading on Monday.

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 24.3, above the average industrial industry P/E ratio of 23 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Donaldson as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full

Donaldson Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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