The ex-dividend date for Airgas (NYSE:ARG) is tomorrow, March 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $102.12 as of 9:31 a.m., the dividend yield is 1.6%.
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 Airgas (NYSE: ARG) is tomorrow, March 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $102.12 as of 9:31 a.m. ET, the dividend yield is 1.6%. The average volume for Airgas has been 525,700 shares per day over the past 30 days. Airgas has a market cap of $7.72 billion and is part of the services sector and wholesale industry. Shares are up 12% year to date as of the close of trading on Friday. Airgas, Inc., through its subsidiaries, engages in the distribution of industrial, medical, and specialty gases in the United States. The company has a P/E ratio of 23.4, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Airgas as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Airgas 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.