Eaton Stock To Go Ex-dividend Tomorrow (ETN)
NEW YORK (
) -- The ex-dividend date for
(NYSE:
) is tomorrow, February 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $49.64 as of 9:30 a.m. ET, the dividend yield is 3.1%.
The average volume for Eaton has been 3.3 million shares per day over the past 30 days. Eaton has a market cap of $16.31 billion and is part of the
sector and
industry. Shares are up 12.6% year to date as of the close of trading on Tuesday.
Eaton Corporation operates as a power management company worldwide. The company has a P/E ratio of 12.5, below the average industrial industry P/E ratio of 13.2 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Eaton as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, attractive valuation levels, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
.
See our
or
.
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