Hot Topic Stock To Go Ex-dividend Tomorrow (HOTT)

NEW YORK ( TheStreet) -- The ex-dividend date for Hot Topic (Nasdaq: HOTT) is tomorrow, October 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $7.91 as of 9:30 a.m. ET, the dividend yield is 3.4%.

The average volume for Hot Topic has been 746,800 shares per day over the past 30 days. Hot Topic has a market cap of $370.5 million and is part of the services sector and retail industry. Shares are up 31.2% year to date as of the close of trading on Tuesday.

Hot Topic, Inc., together with its subsidiaries, operates as a mall- and Web-based specialty retailer in the United States. The company operates Hot Topic and Torrid store concepts, as well as an e-space music discovery concept, ShockHound.
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TheStreet Ratings rates Hot Topic as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full Hot Topic Ratings Report.

See our dividend calendar or top-yielding stocks list.

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