Hillenbrand Stock To Go Ex-dividend Tomorrow (HI)

NEW YORK ( TheStreet) -- The ex-dividend date for Hillenbrand (NYSE: HI) is tomorrow, December 14, 2011. Owners of shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $22.12 as of 10:08 a.m. ET, the dividend yield is 3.5%.

The average volume for Hillenbrand has been 304,300 shares per day over the past 30 days. Hillenbrand has a market cap of $1.37 billion and is part of the services sector and diversified services industry. Shares are up 5.7% year to date as of the close of trading on Monday.

Hillenbrand, Inc. designs, manufactures, distributes, and sells funeral service products to licensed funeral directors operating licensed funeral homes. The company has a P/E ratio of 12.9, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hillenbrand as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Hillenbrand Ratings Report.

See our dividend calendar or top-yielding stocks list.

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