Family Dollar Stores Stock To Go Ex-dividend Tomorrow (FDO)

NEW YORK ( TheStreet) -- The ex-dividend date for Family Dollar Stores (NYSE: FDO) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $57.37 as of 9:30 a.m. ET, the dividend yield is 1.5%.

The average volume for Family Dollar Stores has been 981,700 shares per day over the past 30 days. Family Dollar Stores has a market cap of $6.63 billion and is part of the services sector and retail industry. Shares are down 0.3% year to date as of the close of trading on Friday.

Family Dollar Stores, Inc. operates a chain of self-service retail discount stores primarily for low and middle income consumers in the United States. The company has a P/E ratio of 17.6, above the average retail industry P/E ratio of 17.4 and equal to the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Family Dollar Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, increase in net income, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Family Dollar Stores Ratings Report.

See our dividend calendar or top-yielding stocks list.

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