Destination Maternity Stock To Go Ex-dividend Tomorrow (DEST)

NEW YORK ( TheStreet) -- The ex-dividend date for Destination Maternity (Nasdaq: DEST) is tomorrow, September 2, 2011. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $14.14 as of 9:30 a.m. ET, the dividend yield is 4.8%.

The average volume for Destination Maternity has been 116,400 shares per day over the past 30 days. Destination Maternity has a market cap of $194.4 million and is part of the services sector and retail industry. Shares are down 22.5% year to date as of the close of trading on Wednesday.

Destination Maternity Corporation engages in the design and retail of maternity apparel. The company offers casual and career wear, formal attire, lingerie, sportswear, and outerwear. The company has a P/E ratio of 7.8, equal to the average retail industry P/E ratio and below 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 Destination Maternity as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Destination Maternity Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Red Robin Slumps After Earnings Miss

Red Robin Slumps After Earnings Miss

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet

Tiffany & Co. Sees a Strong Market in Asia

Tiffany & Co. Sees a Strong Market in Asia

Stocks Finish Higher After Release of Fed Minutes

Stocks Finish Higher After Release of Fed Minutes

General Electric's Stock Gets Routed as CEO Flannery Flubs Presentation

General Electric's Stock Gets Routed as CEO Flannery Flubs Presentation