Douglas Dynamics Stock To Go Ex-dividend Tomorrow (PLOW)
The ex-dividend date for Douglas Dynamics (NYSE:PLOW) is tomorrow, June 16, 2011. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $14.96 as of 9:31 a.m., the dividend yield is 5.2%.
NEW YORK ( TheStreet) -- The ex-dividend date for Douglas Dynamics (NYSE: PLOW) is tomorrow, June 16, 2011. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $14.96 as of 9:31 a.m. ET, the dividend yield is 5.2%. The average volume for Douglas Dynamics has been 189,500 shares per day over the past 30 days. Douglas Dynamics has a market cap of $333 million and is part of the consumer goods sector and automotive industry. Shares are down 0.1% year to date as of the close of trading on Tuesday. Douglas Dynamics, Inc. designs, manufactures, and sells snow and ice control equipment for light trucks in North America. It principally offers snowplows, sand and salt spreaders, and related parts and accessories. The company sells its products under the WESTERN, FISHER, and BLIZZARD brands. The company has a P/E ratio of 33.8, below the average automotive industry P/E ratio of 44.8 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Douglas Dynamics as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. You can view the full Douglas Dynamics Ratings Report. See our dividend calendar or top-yielding stocks list.