NEW YORK ( TheStreet) -- The ex-dividend date for Companhia Brasiliera de Distribuicao (NYSE: CBD) is tomorrow, August 3, 2011. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $42.71 as of 9:33 a.m. ET, the dividend yield is 0.1%.

The average volume for Companhia Brasiliera de Distribuicao has been 1.2 million shares per day over the past 30 days. Companhia Brasiliera de Distribuicao has a market cap of $11.2 billion and is part of the services sector and retail industry. Shares are up 2.2% year to date as of the close of trading on Monday.

Companhia Brasileira de Distribuicao, together with its subsidiaries, operates as a retailer of food products, clothing, home appliances, and other products through its chain of hypermarkets, supermarkets, specialized and department stores, convenience stores, and the Internet in Brazil. The company has a P/E ratio of 48.5, above the average retail industry P/E ratio of 25.3 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Companhia Brasiliera de Distribuicao as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, increase in net income, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Companhia Brasiliera de Distribuicao Ratings Report.

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