Newell Rubbermaid Stock To Go Ex-dividend Monday (NWL)
The ex-dividend date for Newell Rubbermaid Inc (NYSE:NWL) is Monday, November 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $14.27 as of 9:30 a.m., the dividend yield is 2.2%.
NEW YORK ( TheStreet) -- The ex-dividend date for Newell Rubbermaid Inc (NYSE: NWL) is Monday, November 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $14.27 as of 9:30 a.m. ET, the dividend yield is 2.2%. The average volume for Newell Rubbermaid has been 4.2 million shares per day over the past 30 days. Newell Rubbermaid has a market cap of $4.25 billion and is part of the consumer goods sector and consumer durables industry. Shares are down 21.5% year to date as of the close of trading on Wednesday. Newell Rubbermaid Inc., together with its subsidiaries, designs, manufactures, packages, and distributes consumer and commercial products. It operates in three segments: Home and Family; Office Products; and Tools, Hardware, and Commercial Products. The company has a P/E ratio of 32.4, below the average consumer durables industry P/E ratio of 37.6 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Newell Rubbermaid as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally poor debt management. You can view the full Newell Rubbermaid Ratings Report. See our dividend calendar or top-yielding stocks list.