NEW YORK ( TheStreet) -- The ex-dividend date for Ross Stores (Nasdaq: ROST) is tomorrow, February 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $51.65 as of 9:30 a.m. ET, the dividend yield is 1.1%. The average volume for Ross Stores has been two million shares per day over the past 30 days. Ross Stores has a market cap of $11.89 billion and is part of the services sector and retail industry. Shares are up 9.3% year to date as of the close of trading on Monday. Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home accessories stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. The company has a P/E ratio of 19.2, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Ross Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Ross Stores Ratings Report. See our dividend calendar or top-yielding stocks list.