Woodward Stock To Go Ex-dividend Tomorrow (WWD)

NEW YORK ( TheStreet) -- The ex-dividend date for Woodward (Nasdaq: WWD) is tomorrow, May 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $38.82 as of 9:31 a.m. ET, the dividend yield is 0.8%.

The average volume for Woodward has been 261,600 shares per day over the past 30 days. Woodward has a market cap of $2.69 billion and is part of the industrial goods sector and industrial industry. Shares are down 4.8% year to date as of the close of trading on Monday.

Woodward, Inc. designs, manufactures, and services energy control and optimization solutions for the aerospace and energy markets worldwide. The company has a P/E ratio of 18.9, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Woodward as a buy. 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, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Woodward Ratings Report.

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