Douglas Dynamics Stock To Go Ex-dividend Tomorrow (PLOW)

NEW YORK ( TheStreet) -- The ex-dividend date for Douglas Dynamics (NYSE: PLOW) is tomorrow, March 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $13.44 as of 9:30 a.m. ET, the dividend yield is 6.1%.

The average volume for Douglas Dynamics has been 146,900 shares per day over the past 30 days. Douglas Dynamics has a market cap of $298.3 million and is part of the consumer goods sector and automotive industry. Shares are down 8.2% year to date as of the close of trading on Wednesday.

Douglas Dynamics, Inc. designs, manufactures, and sells snow and ice control equipment for light trucks in North America. It principally offers snowplows, sand and salt spreaders, and related parts and accessories. The company sells its products under the WESTERN, FISHER, and BLIZZARD brands. The company has a P/E ratio of 15.9, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Douglas Dynamics as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, poor profit margins and weak operating cash flow. You can view the full Douglas Dynamics Ratings Report.

See our dividend calendar or top-yielding stocks list.
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