NEW YORK (

TheStreet

) -- The ex-dividend date for

Gap

(NYSE:

GPS

) is tomorrow, June 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $26.32 as of 9:30 a.m. ET, the dividend yield is 1.9%.

The average volume for Gap has been 7.7 million shares per day over the past 30 days. Gap has a market cap of $12.99 billion and is part of the

services

sector and

retail

industry. Shares are up 43.2% year to date as of the close of trading on Wednesday.

The Gap, Inc. operates as a specialty retailer. The company offers apparel, accessories, and personal care products for men, women, children, and babies under the Gap, Old Navy, Banana Republic, Piperlime, and Athleta brand names. The company has a P/E ratio of 16.3, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Gap as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, good cash flow from operations, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Gap Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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