Inter Parfums Stock To Go Ex-dividend Tomorrow (IPAR)

NEW YORK ( TheStreet) -- The ex-dividend date for Inter Parfums (Nasdaq: IPAR) is tomorrow, June 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $22.19 as of 9:31 a.m. ET, the dividend yield is 1.5%.

The average volume for Inter Parfums has been 160,700 shares per day over the past 30 days. Inter Parfums has a market cap of $668.1 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 17% year to date as of the close of trading on Friday.

Inter Parfums, Inc., together with its subsidiaries, engages in the manufacture, marketing, and distribution of various fragrances and fragrance related products primarily in the United States and Europe. The company has a P/E ratio of 20.6, above the average consumer non-durables industry P/E ratio of 20.4 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Inter Parfums 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, solid stock price performance, impressive record of earnings per share growth and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Inter Parfums Ratings Report.

See our dividend calendar or top-yielding stocks list.

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