NEW YORK (
) -- The ex-dividend date for
) is tomorrow, February 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $19.66 as of 9:32 a.m. ET, the dividend yield is 1%.
The average volume for Newell Rubbermaid has been 3.3 million shares per day over the past 30 days. Newell Rubbermaid has a market cap of $5.9 billion and is part of the
industry. Shares are up 8.8% year to date as of the close of trading on Tuesday.
Newell Rubbermaid Inc. designs, manufactures, sources, packages, and distributes consumer and commercial products. It operates in three segments: Home & Family; Office Products; and Tools, Hardware & Commercial Products. The company has a P/E ratio of 13.3, below the average consumer durables industry P/E ratio of 21.1 and below the S&P 500 P/E ratio of 23.2.
TheStreet Ratings rates Newell Rubbermaid as hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full