Men's Wearhouse Stock To Go Ex-dividend Tomorrow (MW)
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., the dividend yield is 1.8%.
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.
TheStreet Ratings rates Men's Wearhouse 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 expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Men's Wearhouse Ratings Report. See our dividend calendar or top-yielding stocks list.