NEW YORK ( TheStreet) -- The ex-dividend date for Woodward (Nasdaq: WWD) is Monday, May 16, 2011. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $36.50 as of 9:33 a.m. ET, the dividend yield is 0.8%.

The average volume for Woodward has been 271,900 shares per day over the past 30 days. Woodward has a market cap of $2.5 billion and is part of the industrial goods sector and industrial industry. Shares are unchanged year to date as of the close of trading on Thursday.

Woodward, Inc. engages in the design, manufacture, and servicing of energy control and optimization solutions for commercial and military aircraft and ground vehicles, turbines, reciprocating engines, and electrical power system equipment worldwide. The company has a P/E ratio of 21.1, below the average industrial industry P/E ratio of 21.3 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Woodward as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, impressive record of earnings per share growth, notable return on equity 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 Woodward Ratings Report.

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