The ex-dividend date for Pricesmart (Nasdaq:PSMT) is Monday, February 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $70.92 as of 9:30 a.m., the dividend yield is 0.9%.
NEW YORK ( TheStreet) -- The ex-dividend date for Pricesmart (Nasdaq: PSMT) is Monday, February 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $70.92 as of 9:30 a.m. ET, the dividend yield is 0.9%. The average volume for Pricesmart has been 318,200 shares per day over the past 30 days. Pricesmart has a market cap of $2.01 billion and is part of the services sector and retail industry. Shares are up 2.3% year to date as of the close of trading on Thursday. PriceSmart, Inc. owns and operates membership shopping warehouse clubs in the United States, Latin America, and the Caribbean. The company has a P/E ratio of 34.2, above the average retail industry P/E ratio of 32.9 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Pricesmart 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, notable return on equity 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 Pricesmart Ratings Report. See our dividend calendar or top-yielding stocks list.