Hillenbrand Stock To Go Ex-dividend Tomorrow (HI)

NEW YORK ( TheStreet) -- The ex-dividend date for Hillenbrand (NYSE: HI) is tomorrow, June 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $18.31 as of 9:54 a.m. ET, the dividend yield is 4.1%.

The average volume for Hillenbrand has been 295,700 shares per day over the past 30 days. Hillenbrand has a market cap of $1.19 billion and is part of the industrial goods sector and industrial industry. Shares are down 16.5% year to date as of the close of trading on Monday.

Hillenbrand, Inc. designs, manufactures, distributes, and sells funeral service products to licensed funeral directors operating licensed funeral homes. The company has a P/E ratio of 11.4, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hillenbrand as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Hillenbrand Ratings Report.

See our dividend calendar or top-yielding stocks list.