NEW YORK ( TheStreet) -- The ex-dividend date for Woodward (Nasdaq: WWD) is tomorrow, August 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 $30.61 as of 9:33 a.m. ET, the dividend yield is 1%.

The average volume for Woodward has been 325,400 shares per day over the past 30 days. Woodward has a market cap of $2 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 Friday.

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 16.7, equal to the average industrial industry P/E ratio and below 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 robust revenue growth, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Woodward Ratings Report.

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