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 SPX Corporation (NYSE: SPW) is tomorrow, September 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $64.15 as of 9:34 a.m. ET, the dividend yield is 1.5%. The average volume for SPX has been 558,300 shares per day over the past 30 days. SPX has a market cap of $3.19 billion and is part of the industrial goods sector and industrial industry. Shares are up 7.1% year to date as of the close of trading on Monday. SPX Corporation provides flow technology products, test and measurement products, thermal equipment and services, and industrial products and services worldwide. The company has a P/E ratio of 21.6, above the average industrial industry P/E ratio of 17.4 and above the S&P 500 P/E ratio of 17.7.
- ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!