NEW YORK (
) -- The ex-dividend date for
) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $78.64 as of 9:35 a.m. ET, the dividend yield is 1.9%.
The average volume for Polaris has been 906,100 shares per day over the past 30 days. Polaris has a market cap of $5.33 billion and is part of the
industry. Shares are up 38.6% year to date as of the close of trading on Friday.
Polaris Industries Inc., together with its subsidiaries, engages in designing, engineering, manufacturing, and marketing off-road vehicles, snowmobiles, and on-road vehicles primarily in the United States, Canada, and Europe. The company has a P/E ratio of 23, equal to the average automotive industry P/E ratio 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, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full