SPX Stock To Go Ex-dividend Tomorrow (SPW)

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, June 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 $78.22 as of 9:30 a.m. ET, the dividend yield is 1.3%.

The average volume for SPX has been 504,100 shares per day over the past 30 days. SPX has a market cap of $3.7 billion and is part of the industrial goods sector and industrial industry. Shares are up 12.8% year to date as of the close of trading on Monday.

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 largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins. You can view the full SPX Ratings Report.

See our dividend calendar or top-yielding stocks list.

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