The ex-dividend date for Dover Corporation (NYSE:DOV) is tomorrow, February 26, 2013. Owners of shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $73.47 as of 9:31 a.m., the dividend yield is 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 Dover Corporation (NYSE: DOV) is tomorrow, February 26, 2013. Owners of shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $73.47 as of 9:31 a.m. ET, the dividend yield is 2%. The average volume for Dover has been 1.3 million shares per day over the past 30 days. Dover has a market cap of $12.51 billion and is part of the industrial goods sector and industrial industry. Shares are up 9% year to date as of the close of trading on Friday. Dover Corporation manufactures and sells a range of specialized products and components, and provides related services and consumables. The company operates in four segments: Communication Technologies, Energy, Engineered Systems, and Printing & Identification. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Dover as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Dover Ratings Report. See our dividend calendar or top-yielding stocks list. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.