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) -- The ex-dividend date for

Griffon Corporation



) is tomorrow, February 24, 2012. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $10.87 as of 9:59 a.m. ET, the dividend yield is 0.7%.

The average volume for Griffon has been 187,500 shares per day over the past 30 days. Griffon has a market cap of $650.1 million and is part of the

industrial goods

sector and

materials & construction

industry. Shares are up 18.6% year to date as of the close of trading on Wednesday.

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Griffon Corporation manufactures home and building, technology related, and plastic products.

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TheStreet Ratings rates Griffon as a


. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins, a generally disappointing performance in the stock itself and disappointing return on equity. You can view the full

Griffon Ratings Report


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