NEW YORK (
) -- The ex-dividend date for
) is tomorrow, May 26, 2011. Owners of shares as of market close today will be eligible for a dividend of 27 cents per share. At a price of $62 as of 9:30 a.m. ET, the dividend yield is 1.8%.
The average volume for Dover has been 1.3 million shares per day over the past 30 days. Dover has a market cap of $11.7 billion and is part of the
industry. Shares are up 6.5% year to date as of the close of trading on Tuesday.
Dover Corporation and its subsidiaries manufacture industrial products and components, as well as provide related services and consumables in the United States and internationally. The company has a P/E ratio of 15.5, above the average industrial industry P/E ratio of 15.1 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Dover as a
. 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, solid stock price performance, impressive record of earnings per share growth and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full