NEW YORK ( TheStreet) -- The ex-dividend date for Ruddick Corporation (NYSE: RDK) is tomorrow, March 9, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $36.70 as of 9:30 a.m. ET, the dividend yield is 1.4%. The average volume for Ruddick has been 319,800 shares per day over the past 30 days. Ruddick has a market cap of $1.8 billion and is part of the services sector and retail industry. Shares are down 0.6% year to date as of the close of trading on Monday. Ruddick Corporation, through its subsidiaries, operates a regional chain of supermarkets in the southeastern and mid-Atlantic United States. The company has a P/E ratio of 14.5, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.5. TheStreet Ratings rates Ruddick as buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Ruddick Ratings Report. See our dividend calendar or top-yielding stocks list.