Ruddick Stock To Go Ex-dividend Tomorrow (RDK)

NEW YORK ( TheStreet) -- The ex-dividend date for Ruddick Corporation (NYSE: RDK) is tomorrow, December 7, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $40.68 as of 9:30 a.m. ET, the dividend yield is 1.3%.

The average volume for Ruddick has been 303,100 shares per day over the past 30 days. Ruddick has a market cap of $1.98 billion and is part of the services sector and retail industry. Shares are up 10.1% year to date as of the close of trading on Monday.

Ruddick Corporation, through its subsidiaries, engages in the operation of a regional chain of supermarkets primarily in the southeastern and mid-Atlantic United States, and the District of Columbia. The company has a P/E ratio of 17.7, below the average retail industry P/E ratio of 21.5 and equal to the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ruddick as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Ruddick Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%