NEW YORK (

TheStreet

) -- The ex-dividend date for

Wolverine World Wide

(NYSE:

WWW

) is tomorrow, September 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $36.52 as of 9:30 a.m. ET, the dividend yield is 1.3%.

The average volume for Wolverine World Wide has been 482,200 shares per day over the past 30 days. Wolverine World Wide has a market cap of $1.8 billion and is part of the

consumer goods

sector and

consumer non-durables

industry. Shares are up 15% year to date as of the close of trading on Tuesday.

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Wolverine World Wide, Inc. engages in manufacturing, sourcing, marketing, licensing, and distributing footwear, apparel, and accessories to the retail sector primarily in the United States, Europe, and Canada. The company has a P/E ratio of 15.1, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Wolverine World Wide as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

Wolverine World Wide Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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