Brinker International Stock To Go Ex-dividend Tomorrow (EAT)

NEW YORK ( TheStreet) -- The ex-dividend date for Brinker International (NYSE: EAT) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $27.44 as of 9:30 a.m. ET, the dividend yield is 2.3%.

The average volume for Brinker International has been 1.6 million shares per day over the past 30 days. Brinker International has a market cap of $2.07 billion and is part of the services sector and leisure industry. Shares are up 2% year to date as of the close of trading on Monday.

Brinker International, Inc. owns, develops, operates, and franchises various restaurant brands primarily in the United States. It operates the restaurants under the Chili's Grill & Bar and Maggiano's Little Italy brand names. The company has a P/E ratio of 16.6, above the average leisure industry P/E ratio of 15.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Brinker International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Brinker International Ratings Report.

See our dividend calendar or top-yielding stocks list.
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