ESCO Stock To Go Ex-dividend Tomorrow (ESE)

NEW YORK ( TheStreet) -- The ex-dividend date for ESCO Technologies (NYSE: ESE) is tomorrow, January 4, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $29.65 as of 11:04 a.m. ET, the dividend yield is 1.1%.

The average volume for ESCO has been 192,900 shares per day over the past 30 days. ESCO has a market cap of $767.7 million and is part of the technology sector and electronics industry. Shares are down 23.9% year to date as of the close of trading on Friday.

ESCO Technologies Inc. produces and sells engineered products and systems for utility, industrial, aerospace, and commercial applications worldwide. The company has a P/E ratio of 14.8, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates ESCO as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow. You can view the full ESCO Ratings Report.

See our dividend calendar or top-yielding stocks list.
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