Gardner Denver Stock To Go Ex-dividend Tomorrow (GDI)

NEW YORK ( TheStreet) -- The ex-dividend date for Gardner Denver (NYSE: GDI) is tomorrow, March 6, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $67.97 as of 9:30 a.m. ET, the dividend yield is 0.3%.

The average volume for Gardner Denver has been 589,000 shares per day over the past 30 days. Gardner Denver has a market cap of $3.7 billion and is part of the industrial goods sector and industrial industry. Shares are down 11.8% year to date as of the close of trading on Friday.

Gardner Denver, Inc. designs, manufactures, and markets engineered industrial machinery and related parts and services primarily in North America, Europe, Asia, South America, Africa, and Australia. The company operates in two segments, Industrial Products Group and Engineered Products Group. The company has a P/E ratio of 13, below the average industrial industry P/E ratio of 14.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Gardner Denver 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 and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Gardner Denver Ratings Report.

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