NEW YORK (

TheStreet

) -- The ex-dividend date for

Rent-A-Center

(Nasdaq:

RCII

) is tomorrow, December 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $37.07 as of 9:30 a.m. ET, the dividend yield is 1.7%.

The average volume for Rent-A-Center has been 682,800 shares per day over the past 30 days. Rent-A-Center has a market cap of $2.24 billion and is part of the

services

sector and

diversified services

industry. Shares are up 14.3% year to date as of the close of trading on Wednesday.

Rent-A-Center, Inc., together with its subsidiaries, primarily engages in leasing household durable goods to customers on a rent-to-own basis. The company has a P/E ratio of 16.3, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Rent-A-Center as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, expanding profit margins, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Rent-A-Center Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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