NEW YORK ( TheStreet) -- The ex-dividend date for Snap-on (NYSE: SNA) is tomorrow, November 16, 2011. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $55.77 as of 9:30 a.m. ET, the dividend yield is 2.5%.

The average volume for Snap-on has been 436,700 shares per day over the past 30 days. Snap-on has a market cap of $3.2 billion and is part of the industrial goods sector and industrial industry. Shares are down 1.2% year to date as of the close of trading on Monday.

Snap-on Incorporated provides tools, equipment, diagnostics, repair information, and systems solutions for professional users. The company has a P/E ratio of 12.5, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
  • Practice your dividend trading strategies and win cash in our stock game.

TheStreet Ratings rates Snap-on as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Snap-on Ratings Report.

See our dividend calendar or top-yielding stocks list.

null