Timken Stock To Go Ex-dividend Tomorrow (TKR)
NEW YORK (
) -- The ex-dividend date for
(NYSE:
) is tomorrow, February 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $53.04 as of 9:40 a.m. ET, the dividend yield is 1.7%.
The average volume for Timken has been 889,000 shares per day over the past 30 days. Timken has a market cap of $4.66 billion and is part of the
sector and
industry. Shares are up 37.8% year to date as of the close of trading on Tuesday.
The Timken Company develops, manufactures, markets, and sells anti-friction bearings and related products and steel products primarily in the United States and Europe. The company has a P/E ratio of 11.6, above the average industrial industry P/E ratio of 10.9 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Timken as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
.
See our
or
.
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