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NEW YORK ( TheStreet) -- The ex-dividend date for Men's Wearhouse (NYSE: MW) is tomorrow, March 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $39.44 as of 11:55 a.m. ET, the dividend yield is 1.8%. The average volume for Men's Wearhouse has been 713,200 shares per day over the past 30 days. Men's Wearhouse has a market cap of $1.78 billion and is part of the services sector and retail industry. Shares are up 24% year to date as of the close of trading on Wednesday. The Men's Wearhouse, Inc. operates as a specialty retailer of men's suits in the United States and Canada. The company operates its retail apparel stores under the Men's Wearhouse, Men's Wearhouse and Tux, and K&G brand names in 47 states in the U.S. and the District of Columbia. The company has a P/E ratio of 18.7, above the average retail industry P/E ratio of 16.4 and above the S&P 500 P/E ratio of 17.7.