NEW YORK (

TheStreet

) -- The ex-dividend date for

Staples

(Nasdaq:

SPLS

) is tomorrow, December 21, 2011. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $14.03 as of 9:30 a.m. ET, the dividend yield is 2.8%.

The average volume for Staples has been 9.6 million shares per day over the past 30 days. Staples has a market cap of $9.85 billion and is part of the

services

sector and

specialty retail

industry. Shares are down 39.4% year to date as of the close of trading on Monday.

Staples, Inc., together with its subsidiaries, operates as an office products company. The company sells various office supplies and services, business machines and related products, computers and related products, and office furniture. The company has a P/E ratio of 10.3, equal to the average specialty retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Staples as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. You can view the full

Staples Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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