NEW YORK (
) -- The ex-dividend date for
) is tomorrow, October 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $42.91 as of 9:30 a.m. ET, the dividend yield is 0.7%.
The average volume for Harman International has been 1.2 million shares per day over the past 30 days. Harman International has a market cap of $3 billion and is part of the
industry. Shares are down 11.3% year to date as of the close of trading on Tuesday.
Harman International Industries, Incorporated engages in the development, manufacture, and marketing of audio products and electronic systems primarily in the United States, Germany, and other parts of Europe. The company has a P/E ratio of 19, below the average consumer durables industry P/E ratio of 19.5 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Harman International 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 increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full