Ingersoll-Rand Stock To Go Ex-dividend Tomorrow (IR)

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 Ingersoll-Rand (NYSE: IR) is tomorrow, June 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $57.03 as of 9:30 a.m. ET, the dividend yield is 1.4%.

The average volume for Ingersoll-Rand has been 2.1 million shares per day over the past 30 days. Ingersoll-Rand has a market cap of $17.35 billion and is part of the industrial goods sector and industrial industry. Shares are up 21% year to date as of the close of trading on Monday.

Ingersoll-Rand plc engages in the design, manufacture, sale, and service of a diverse portfolio of industrial and commercial products in the United States and internationally. The company has a P/E ratio of 17.6, below the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Ingersoll-Rand as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Ingersoll-Rand Ratings Report.

See our dividend calendar or top-yielding stocks list.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..
null

If you liked this article you might like

These Stocks Are Ready to Reverse Course

The Stock Market Is on Fire, Especially in These Sectors: Market Recon

Ingersoll-Rand Is on the Run

With Activist Investor Trian Lurking, Expect M&A Activity at General Electric Under New CEO Flannery

Ingersoll-Rand Continues to Run, but Ready to Rest