The ex-dividend date for Valspar Corporation (NYSE:VAL) is tomorrow, September 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $57.49 as of 9:31 a.m., the dividend yield is 1.4%.
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 Valspar Corporation (NYSE: VAL) is tomorrow, September 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $57.49 as of 9:31 a.m. ET, the dividend yield is 1.4%. The average volume for Valspar has been 904,800 shares per day over the past 30 days. Valspar has a market cap of $5.27 billion and is part of the basic materials sector and chemicals industry. Shares are up 48.9% year to date as of the close of trading on Tuesday. The Valspar Corporation, together with its subsidiaries, manufactures and distributes coatings, paints, and related products worldwide.
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TheStreet Ratings rates Valspar as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Valspar 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.