Johnson Controls Stock To Go Ex-dividend Tomorrow (JCI)
The ex-dividend date for Johnson Controls (NYSE:JCI) is tomorrow, September 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $27.24 as of 9:30 a.m., the dividend yield is 2.6%.
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 Johnson Controls (NYSE: JCI) is tomorrow, September 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $27.24 as of 9:30 a.m. ET, the dividend yield is 2.6%. The average volume for Johnson Controls has been 5.7 million shares per day over the past 30 days. Johnson Controls has a market cap of $18.61 billion and is part of the consumer goods sector and automotive industry. Shares are down 13% year to date as of the close of trading on Friday. Johnson Controls, Inc. engages in building efficiency, automotive experience, and power solutions businesses worldwide. The company has a P/E ratio of 10.8, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Johnson Controls as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. You can view the full Johnson Controls Ratings Report. See our dividend calendar or top-yielding stocks list. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.