Newell Rubbermaid Stock To Go Ex-dividend Tomorrow (NWL)
The ex-dividend date for Newell Rubbermaid (NYSE:NWL) is tomorrow, August 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $17.27 as of 9:30 a.m., the dividend yield is 2.3%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- The ex-dividend date for Newell Rubbermaid (NYSE: NWL) is tomorrow, August 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $17.27 as of 9:30 a.m. ET, the dividend yield is 2.3%. The average volume for Newell Rubbermaid has been 2.8 million shares per day over the past 30 days. Newell Rubbermaid has a market cap of $5.1 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 7.1% year to date as of the close of trading on Monday. Newell Rubbermaid Inc. designs, manufactures, and markets consumer and commercial products worldwide. The company has a P/E ratio of 49, below the average consumer durables industry P/E ratio of 56.9 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Newell Rubbermaid as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Newell Rubbermaid Ratings Report. See our dividend calendar or top-yielding stocks list.