NEW YORK (

TheStreet

) -- The ex-dividend date for

PetSmart

(Nasdaq:

PETM

) is tomorrow, July 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $45.86 as of 9:32 a.m. ET, the dividend yield is 1.2%.

The average volume for PetSmart has been 959,600 shares per day over the past 30 days. PetSmart has a market cap of $5.2 billion and is part of the

services

sector and

specialty retail

industry. Shares are up 12.7% year to date as of the close of trading on Monday.

PetSmart, Inc., together with its subsidiaries, operates as a specialty retailer of products, services, and solutions for pets in North America. The company has a P/E ratio of 21, equal to the average specialty retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates PetSmart as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, impressive record of earnings per share growth and compelling growth in net income. 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

PetSmart Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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