Curtiss-Wright Stock To Go Ex-dividend Tomorrow (CW)

NEW YORK ( TheStreet) -- The ex-dividend date for Curtiss-Wright Corporation (NYSE: CW) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $30.18 as of 10:03 a.m. ET, the dividend yield is 1.2%.

The average volume for Curtiss-Wright has been 242,800 shares per day over the past 30 days. Curtiss-Wright has a market cap of $1.45 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 14.3% year to date as of the close of trading on Monday.

Curtiss-Wright Corporation, together with its subsidiaries, designs, manufactures, and overhauls precision components and systems. The company has a P/E ratio of 11.4, above the average aerospace/defense industry P/E ratio of 9.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Curtiss-Wright as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Curtiss-Wright Ratings Report.

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