NEW YORK (

TheStreet

) -- The ex-dividend date for

Wolverine World Wide

(NYSE:

WWW

) is tomorrow, December 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 $36.02 as of 12:49 p.m. ET, the dividend yield is 1.3%.

The average volume for Wolverine World Wide has been 443,000 shares per day over the past 30 days. Wolverine World Wide has a market cap of $1.73 billion and is part of the

consumer goods

sector and

consumer non-durables

industry. Shares are up 15.2% year to date as of the close of trading on Tuesday.

Wolverine World Wide, Inc. engages in manufacturing, sourcing, marketing, licensing, and distributing branded casual, active lifestyle, work, outdoor sport, and uniform footwear, apparel, and accessories. The company has a P/E ratio of 14.3, above the average consumer non-durables industry P/E ratio of 14.1 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 solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Wolverine World Wide Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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