Callaway Stock To Go Ex-dividend Tomorrow (ELY)

NEW YORK ( TheStreet) -- The ex-dividend date for Callaway Golf Company (NYSE: ELY) is tomorrow, August 16, 2011. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $5.65 as of 9:31 a.m. ET, the dividend yield is 0.7%.

The average volume for Callaway has been 751,900 shares per day over the past 30 days. Callaway has a market cap of $353.5 million and is part of the consumer goods sector and consumer durables industry. Shares are down 31.1% year to date as of the close of trading on Friday.

Callaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf clubs and golf balls. The company's golf clubs include drivers, fairway woods, hybrids, irons, wedges, and putters.
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TheStreet Ratings rates Callaway as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full Callaway Ratings Report.

See our dividend calendar or top-yielding stocks list.

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