John Bean Stock To Go Ex-dividend Monday (JBT)

NEW YORK ( TheStreet) -- The ex-dividend date for John Bean Technologies Corporation (NYSE: JBT) is Monday, March 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $15.35 as of 9:30 a.m. ET, the dividend yield is 1.8%.

The average volume for John Bean has been 142,700 shares per day over the past 30 days. John Bean has a market cap of $469.2 million and is part of the industrial goods sector and industrial industry. Shares are down 0.3% year to date as of the close of trading on Thursday.

John Bean Technologies Corporation provides technology solutions for the food processing and air transportation industries in the United States and internationally. It operates in two segments, JBT FoodTech and JBT AeroTech. The company has a P/E ratio of 14.7, above the average industrial industry P/E ratio of 12.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates John Bean as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full John Bean Ratings Report.

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