NEW YORK (
) -- The ex-dividend date for
) is tomorrow, November 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $41.08 as of 9:30 a.m. ET, the dividend yield is 1.2%.
The average volume for Lear has been 1.2 million shares per day over the past 30 days. Lear has a market cap of $4.1 billion and is part of the
industry. Shares are down 16.6% year to date as of the close of trading on Monday.
Lear Corporation designs, manufactures, assembles, and supplies automotive seat systems, electrical distribution systems, and related components. The company operates in two segments, Seating and Electrical Power Management Systems (EPMS). The company has a P/E ratio of 7.8, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Lear 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 and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself. You can view the full