Steris Corp (STE)

Price*: $27.37 | Dividend: $0.32 | Dividend Yield: 1.17%

Recommendation Info
We downgraded this stock from the "Recommended" list on 10/7/08, at a price of 33.15.

Dividend Stock Ratings Breakdown

1. Relative Strength

Stock is breaking to the upside.

2. Overall Yield Attractiveness

Stock's dividend yield is unattractive.

3. Dividend Reliability

This rating is directly related to the length and consistency of a company's dividend payouts.

4. Dividend Uptrend

Dividend payouts are consistent, but increases small.

5. Earnings Growth

Earnings estimates are being raised nicely.

Price and Dividend Info

Steris Corp (STE)

Previous Day's Closing Price*

$27.37

Annual Stock Dividend

$0.32

Current Dividend Yield

1.17%

Recent Headlines

20 Dividend Stocks Removed from Our Recommended List
Tue, Oct 7, 2008
Dividend Stock Recommendation Changes (FUN, COV, STE, WTR, CMED, WHR, MS, HCBK, INTC, MMC, HBC, LNC, BAP)
Tue, Aug 5, 2008
Dividend Payout Changes Today (BHI, BMTC, BNI, XTXI, XTEX, DPM, KDN, MCRL, MCHP, PVR, STE, SPH, VPFG, DSL)
Thu, Jul 24, 2008
Stepan Co. (SCL), Steris Corp (STE), Stewart Info Services (STC), STMicroelectronics (STM, Stryker (SYK), Suburban Propane LP (SPH), Sun Communities (SUI)
Wed, May 7, 2008

Profile & Recommendation

Company Profile

Steris Corp- (STE)-engages in the development, manufacture, and marketing of infection prevention, contamination control, microbial reduction, and surgical and critical care support products and services. The company was founded as Innovative Medical Technologies in 1985 and changed its name to STERIS Corporation in 1987. STERIS is headquartered in Mentor, Ohio.

Recommendation

Based on our rating criteria, this stock has achieved a "Neutral" rating. Stocks with a neutral rating are considered mediocre investments in terms of expected price growth and dividend payments.

Stock Notes

This small cap stock does not make an attractive dividend stock investment at this time.

* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.