Resources Connection Stock To Go Ex-dividend Monday (RECN)

NEW YORK ( TheStreet) -- The ex-dividend date for Resources Connection (Nasdaq: RECN) is Monday, November 21, 2011. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $10.54 as of 9:30 a.m. ET, the dividend yield is 1.8%.

The average volume for Resources Connection has been 387,300 shares per day over the past 30 days. Resources Connection has a market cap of $479.5 million and is part of the services sector and diversified services industry. Shares are down 43.3% year to date as of the close of trading on Thursday.

Resources Connection, Inc. The company has a P/E ratio of 19.4, above the average diversified services industry P/E ratio of 19.1 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Resources Connection as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Resources Connection Ratings Report.

See our dividend calendar or top-yielding stocks list.

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