Texas Roadhouse Stock To Go Ex-dividend Monday (TXRH)
The ex-dividend date for Texas Roadhouse (Nasdaq:TXRH) is Monday, December 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $14.57 as of 9:30 a.m., the dividend yield is 2.2%.
NEW YORK ( TheStreet) -- The ex-dividend date for Texas Roadhouse (Nasdaq: TXRH) is Monday, December 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $14.57 as of 9:30 a.m. ET, the dividend yield is 2.2%. The average volume for Texas Roadhouse has been 1.1 million shares per day over the past 30 days. Texas Roadhouse has a market cap of $1 billion and is part of the services sector and leisure industry. Shares are down 15.4% year to date as of the close of trading on Thursday. Texas Roadhouse, Inc., together with its subsidiaries, operates a full-service, casual dining restaurant chain in the United States. It operates restaurants under the Texas Roadhouse and Aspen Creek names. The company has a P/E ratio of 17.2, above the average leisure industry P/E ratio of 17.1 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Texas Roadhouse as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Texas Roadhouse Ratings Report. See our dividend calendar or top-yielding stocks list.