NEW YORK (

TheStreet

) -- The ex-dividend date for

Nordstrom

(NYSE:

JWN

) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 27 cents per share. At a price of $52.56 as of 9:30 a.m. ET, the dividend yield is 2%.

The average volume for Nordstrom has been 2.4 million shares per day over the past 30 days. Nordstrom has a market cap of $10.39 billion and is part of the

services

sector and

retail

industry. Shares are up 7% year to date as of the close of trading on Friday.

Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It offers a selection of brand name and private label merchandise. The company has a P/E ratio of 17, above the average retail industry P/E ratio of 16.1 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Nordstrom as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Nordstrom Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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