The ex-dividend date for Danaher Corporation (NYSE:DHR) is tomorrow, September 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $54.56 as of 10 a.m., the dividend yield is 0.2%.
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 Danaher Corporation (NYSE: DHR) is tomorrow, September 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $54.56 as of 10 a.m. ET, the dividend yield is 0.2%. The average volume for Danaher has been 2.8 million shares per day over the past 30 days. Danaher has a market cap of $38.18 billion and is part of the industrial goods sector and industrial industry. Shares are up 16.7% year to date as of the close of trading on Monday. Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services primarily in North America, Europe, and Asia/Australia. The company has a P/E ratio of 17.7, above the average industrial industry P/E ratio of 16.9 and equal to the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Danaher as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Danaher 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.