Valspar Stock To Go Ex-dividend Tomorrow (VAL)

NEW YORK ( TheStreet) -- The ex-dividend date for Valspar Corporation (NYSE: VAL) is tomorrow, February 27, 2014. Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $74.14 as of 9:50 a.m. ET, the dividend yield is 1.4%.

The average volume for Valspar has been 603,200 shares per day over the past 30 days. Valspar has a market cap of $6.28 billion and is part of the basic materials sector and chemicals industry. Shares are up 4% year to date as of the close of trading on Tuesday.

The Valspar Corporation manufactures and distributes various coatings, paints, and related products worldwide. The company operates in two segments, Coatings and Paints.

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TheStreet Ratings rates Valspar as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, growth in earnings per share, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Valspar Ratings Report.

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