NEW YORK ( TheStreet) -- The ex-dividend date for Idex Corporation (NYSE: IEX) is tomorrow, January 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $38.50 as of 9:30 a.m. ET, the dividend yield is 1.8%. The average volume for Idex has been 479,900 shares per day over the past 30 days. Idex has a market cap of $3.17 billion and is part of the industrial goods sector and industrial industry. Shares are up 2.4% year to date as of the close of trading on Monday. IDEX Corporation, through its subsidiaries, engages in the manufacture and sale of an array of pumps, flow meters, other fluidics systems and components, and engineered products worldwide. The company has a P/E ratio of 16.9, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Idex as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Idex Ratings Report. See our dividend calendar or top-yielding stocks list.