Briggs & Stratton Stock To Go Ex-dividend Tomorrow (BGG)

NEW YORK ( TheStreet) -- The ex-dividend date for Briggs & Stratton Corporation (NYSE: BGG) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $17.48 as of 9:30 a.m. ET, the dividend yield is 2.5%.

The average volume for Briggs & Stratton has been 501,500 shares per day over the past 30 days. Briggs & Stratton has a market cap of $844.1 million and is part of the industrial goods sector and industrial industry. Shares are up 13% year to date as of the close of trading on Friday.

Briggs & Stratton Corporation designs, manufactures, markets, and services air cooled gasoline engines for outdoor power equipment worldwide. It operates in two segments, Engines and Power Products. The company has a P/E ratio of 28.4, below the average industrial industry P/E ratio of 31.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Briggs & Stratton as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Briggs & Stratton Ratings Report.

See our dividend calendar or top-yielding stocks list.
null

If you liked this article you might like

Cramer: These Sectors Look Bullish (Part III)

Cramer: There Are Powerful Themes in Several Bull Markets

Briggs & Stratton: Cramer's Top Takeaways

It's the Earnings, Not the Politics: Cramer's 'Mad Money' Recap (Tuesday 4/25/17)