Apogee Stock To Go Ex-dividend Tomorrow (APOG)

NEW YORK ( TheStreet) -- The ex-dividend date for Apogee (Nasdaq: APOG) is tomorrow, October 20, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $10.55 as of 9:30 a.m. ET, the dividend yield is 3.2%.

The average volume for Apogee has been 167,100 shares per day over the past 30 days. Apogee has a market cap of $283.2 million and is part of the industrial goods sector and materials & construction industry. Shares are down 21.7% year to date as of the close of trading on Tuesday.

Apogee Enterprises, Inc., together with its subsidiaries, engages in the design and development of glass products, services, and systems. The company operates through two segments, Architectural Products and Services, and Large-Scale Optical Technologies.
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TheStreet Ratings rates Apogee as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Apogee Ratings Report.

See our dividend calendar or top-yielding stocks list.

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