NEW YORK ( TheStreet) -- The ex-dividend date for Men's Wearhouse (NYSE: MW) is tomorrow, December 9, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $31.97 as of 2 p.m. ET, the dividend yield is 1.8%.

The average volume for Men's Wearhouse has been 686,300 shares per day over the past 30 days. Men's Wearhouse has a market cap of $1.39 billion and is part of the services sector and retail industry. Shares are up 30.1% year to date as of the close of trading on Wednesday.

The Men's Wearhouse, Inc. operates as a specialty retailer of men's suits in the United States and Canada. The company operates its retail apparel stores under the Men's Wearhouse, Men's Wearhouse and Tux, and K&G brand names in 47 states in the U.S. and the District of Columbia. The company has a P/E ratio of 12.9, below the average retail industry P/E ratio of 15 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Men's Wearhouse as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Men's Wearhouse Ratings Report.

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