Rockwell Collins Stock To Go Ex-dividend Tomorrow (COL)

NEW YORK ( TheStreet) -- The ex-dividend date for Rockwell Collins (NYSE: COL) is tomorrow, August 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $50.82 as of 9:30 a.m. ET, the dividend yield is 2.4%.

The average volume for Rockwell Collins has been 1.2 million shares per day over the past 30 days. Rockwell Collins has a market cap of $7.2 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 8.5% year to date as of the close of trading on Tuesday.

Rockwell Collins, Inc. designs, produces, and supports communications and aviation electronics for commercial and military customers worldwide. It operates in two segments, Government Systems and Commercial Systems. The company has a P/E ratio of 12.3, above the average aerospace/defense industry P/E ratio of 12 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Rockwell Collins as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, notable return on equity 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 Rockwell Collins Ratings Report.

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