NEW YORK (
) -- The ex-dividend date for
) is Tuesday, February 22, 2011. Owners of shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $61.17 as of 10:51 a.m. ET, the dividend yield is 2.2%. The average volume for Snap-on has been 297,600 shares per day over the past 30 days. Snap-on has a market cap of $3.5 billion and is part of the
industry. Shares are up 5.7% year to date as of the close of trading on Thursday.
Snap-on Incorporated manufactures and markets tools, diagnostics, equipment, software, and service solutions for professional users in the United States, the United Kingdom, Canada, Germany, Japan, France, Australia, Spain, the Netherlands, Italy, China, and Sweden. The company has a P/E ratio of 18.4, below the average industrial industry P/E ratio of 18.7 and below the S&P 500 P/E ratio of 23.4.
TheStreet Ratings rates Snap-on as buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full