NEW YORK ( TheStreet) -- The ex-dividend date for Rent-A-Center (Nasdaq: RCII) is tomorrow, October 5, 2011. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $26 as of 9:30 a.m. ET, the dividend yield is 2.3%. The average volume for Rent-A-Center has been 699,700 shares per day over the past 30 days. Rent-A-Center has a market cap of $1.7 billion and is part of the services sector and diversified services industry. Shares are down 19.4% year to date as of the close of trading on Monday. Rent-A-Center, Inc., together with its subsidiaries, primarily engages in leasing household durable goods to customers on a rent-to-own basis. The company has a P/E ratio of 11.3, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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