Whole Foods Market Stock To Go Ex-dividend Tomorrow (WFM) - TheStreet

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK (

TheStreet

) -- The ex-dividend date for

Whole Foods Market

(Nasdaq:

WFM

) is tomorrow, September 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $98.79 as of 3:16 p.m. ET, the dividend yield is 0.6%.

The average volume for Whole Foods Market has been 1.6 million shares per day over the past 30 days. Whole Foods Market has a market cap of $18.35 billion and is part of the

services

sector and

retail

industry. Shares are up 43.4% year to date as of the close of trading on Monday.

Whole Foods Market, Inc. engages in the ownership and operation of natural and organic food supermarkets. The company offers produce, seafood, grocery, meat and poultry, bakery, prepared foods and catering, coffee and tea, nutritional supplements, and vitamins. The company has a P/E ratio of 42.6, above the average retail industry P/E ratio of 42.5 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Whole Foods Market as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full

Whole Foods Market Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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