NEW YORK (

TheStreet

) -- The ex-dividend date for

Coach

(NYSE:

COH

) is tomorrow, September 1, 2011. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $55.91 as of 9:30 a.m. ET, the dividend yield is 1.6%.

The average volume for Coach has been 4.2 million shares per day over the past 30 days. Coach has a market cap of $16.1 billion and is part of the

consumer goods

sector and

consumer non-durables

industry. Shares are up 0.7% year to date as of the close of trading on Tuesday.

Coach, Inc. engages in the design and marketing of accessories and gifts for men and women in the United States and internationally. The company has a P/E ratio of 19.1, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Coach as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

Coach Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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