Bob Evans Farms Stock To Go Ex-dividend Tomorrow (BOBE)

NEW YORK ( TheStreet) -- The ex-dividend date for Bob Evans Farms (Nasdaq: BOBE) is tomorrow, March 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $37.45 as of 9:30 a.m. ET, the dividend yield is 2.7%.

The average volume for Bob Evans Farms has been 184,000 shares per day over the past 30 days. Bob Evans Farms has a market cap of $1.03 billion and is part of the services sector and leisure industry. Shares are up 10.7% year to date as of the close of trading on Tuesday.

Bob Evans Farms, Inc. owns and operates full-service restaurants under the Bob Evans and Mimi's Cafe brand names in the United States. It also sells retail gifts, food items, and other novelties in its Bob Evans Restaurants, and seven Bob Evans Restaurants & General Stores. The company has a P/E ratio of 18.2, below the average leisure industry P/E ratio of 23 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Bob Evans Farms as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Bob Evans Farms Ratings Report.

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