Triumph Group Stock To Go Ex-dividend Tomorrow (TGI)
The ex-dividend date for Triumph Group (NYSE:TGI) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $62.33 as of 9:35 a.m., the dividend yield is 0.3%.
NEW YORK ( TheStreet) -- The ex-dividend date for Triumph Group (NYSE: TGI) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $62.33 as of 9:35 a.m. ET, the dividend yield is 0.3%. The average volume for Triumph Group has been 317,100 shares per day over the past 30 days. Triumph Group has a market cap of $3.03 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 5.5% year to date as of the close of trading on Friday. Triumph Group, Inc., through its subsidiaries, engages in the design, engineering, manufacture, repair, overhaul, and distribution of aerostructures, aircraft components, accessories, subassemblies, and systems worldwide. The company has a P/E ratio of 11.4, equal to the average aerospace/defense industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Triumph Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and attractive valuation levels. 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 Triumph Group Ratings Report. See our dividend calendar or top-yielding stocks list.