The ex-dividend date for SPX Corporation (NYSE:SPW) is tomorrow, March 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $81.28 as of 9:30 a.m., the dividend yield is 1.2%.
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 SPX Corporation (NYSE: SPW) is tomorrow, March 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $81.28 as of 9:30 a.m. ET, the dividend yield is 1.2%. The average volume for SPX has been one million shares per day over the past 30 days. SPX has a market cap of $3.8 billion and is part of the industrial goods sector and industrial industry. Shares are up 16% year to date as of the close of trading on Friday. SPX Corporation provides specialized engineered solutions worldwide. It operates in two segments, Flow Technology, and Thermal Equipment and Services.
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TheStreet Ratings rates SPX as a hold. 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 and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and feeble growth in the company's earnings per share. You can view the full SPX 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.