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TheStreet Wire

Ross Stores Stock To Go Ex-dividend Tomorrow (ROST)

By TheStreet Wire 08/28/12 - 09:54 AM EDT

Find out if (ROST) is in Cramer's Portfolio.

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 Ross Stores (Nasdaq:ROST) is tomorrow, August 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $69.67 as of 9:30 a.m. ET, the dividend yield is 0.8%.

The average volume for Ross Stores has been 2.2 million shares per day over the past 30 days. Ross Stores has a market cap of $15.77 billion and is part of the services sector and retail industry. Shares are up 46.6% year to date as of the close of trading on Monday.

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. The company has a P/E ratio of 21.7, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Ross Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Ross Stores Ratings Report.

See our dividend calendar or top-yielding stocks list.

For more information on Ross Stores Inc. click any of the following:

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