Texas Roadhouse Stock To Go Ex-dividend Monday (TXRH)

NEW YORK ( TheStreet) -- The ex-dividend date for Texas Roadhouse Incorporated (Nasdaq: TXRH) is Monday, June 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $16.13 as of 9:31 a.m. ET, the dividend yield is 2%.

The average volume for Texas Roadhouse has been 734,600 shares per day over the past 30 days. Texas Roadhouse has a market cap of $1.1 billion and is part of the services sector and leisure industry. Shares are down 6.3% year to date as of the close of trading on Thursday.

Texas Roadhouse, Inc., together with its subsidiaries, operates a full-service, casual dining restaurant chain in the United States. It operates restaurants under the Texas Roadhouse and Aspen Creek names. The company has a P/E ratio of 20, above the average leisure industry P/E ratio of 19.8 and above the S&P 500 P/E ratio of 17.7.
  • Practice your dividend trading strategies and win cash in our stock game.

TheStreet Ratings rates Texas Roadhouse as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, increase 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 Texas Roadhouse Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing