NEW YORK (
) -- The ex-dividend date for
) is tomorrow, March 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $38.23 as of 9:30 a.m. ET, the dividend yield is 1.9%.
The average volume for Valspar has been 872,900 shares per day over the past 30 days. Valspar has a market cap of $3.7 billion and is part of the
industry. Shares are up 10.8% year to date as of the close of trading on Monday.
The Valspar Corporation manufactures and distributes coatings, paints, and related products primarily in the United States, China, and Europe. The company has a P/E ratio of 17, below the average materials & construction industry P/E ratio of 17.4 and above the S&P 500 P/E ratio of 16.2.
- Practice your dividend trading strategies and win cash in our stock game.
TheStreet Ratings rates Valspar as buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth, reasonable valuation levels, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full