Ametek Stock To Go Ex-dividend Tomorrow (AME)

NEW YORK ( TheStreet) -- The ex-dividend date for Ametek (NYSE: AME) is tomorrow, March 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $48.54 as of 9:30 a.m. ET, the dividend yield is 0.5%.

The average volume for Ametek has been 622,300 shares per day over the past 30 days. Ametek has a market cap of $7.42 billion and is part of the industrial goods sector and industrial industry. Shares are up 14.5% year to date as of the close of trading on Monday.

AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in North America, Europe, Asia, and South America. The company operates in two segments, Electronic Instruments Group and Electromechanical Group. The company has a P/E ratio of 20.3, below the average industrial industry P/E ratio of 20.7 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ametek as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Ametek Ratings Report.

See our dividend calendar or top-yielding stocks list.
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