NEW YORK (
) -- The ex-dividend date for
) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $65.83 as of 9:35 a.m. ET, the dividend yield is 2.2%.
The average volume for Polaris has been 795,200 shares per day over the past 30 days. Polaris has a market cap of $4.33 billion and is part of the
industry. Shares are up 19.3% year to date as of the close of trading on Friday.
Polaris Industries Inc. designs, engineers, and manufactures off-road vehicles. It offers all terrain vehicles and side-by-side vehicles for recreational and utility use; snowmobiles; and on-road vehicles, including motorcycles and low emission vehicles. The company has a P/E ratio of 21.1, above the average automotive industry P/E ratio of 20.3 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Polaris as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, notable return on equity, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full