Ecolab Stock To Go Ex-dividend Tomorrow (ECL)

NEW YORK ( TheStreet) -- The ex-dividend date for Ecolab (NYSE: ECL) is tomorrow, March 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $59.71 as of 9:30 a.m. ET, the dividend yield is 1.3%.

The average volume for Ecolab has been 2.8 million shares per day over the past 30 days. Ecolab has a market cap of $14.16 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 3.8% year to date as of the close of trading on Wednesday.

Ecolab Inc. develops and markets products and services for the hospitality, foodservice, healthcare, and industrial markets primarily in the United States. The company has a P/E ratio of 32.3, above the average consumer non-durables industry P/E ratio of 28.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ecolab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Ecolab Ratings Report.

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