Danaher Stock To Go Ex-dividend Tomorrow (DHR)

NEW YORK ( TheStreet) -- The ex-dividend date for Danaher Corporation (NYSE: DHR) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $55.11 as of 9:30 a.m. ET, the dividend yield is 0.2%.

The average volume for Danaher has been 3.2 million shares per day over the past 30 days. Danaher has a market cap of $36.24 billion and is part of the conglomerates sector and conglomerates industry. Shares are up 16.9% year to date as of the close of trading on Monday.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services primarily in North America, Europe, and Asia/Australia. The company has a P/E ratio of 19.6, above the average conglomerates industry P/E ratio of 17.7 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Danaher as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, compelling growth in net income, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Danaher Ratings Report.

See our dividend calendar or top-yielding stocks list.
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