RadioShack Stock To Go Ex-dividend Tomorrow (RSH)

NEW YORK ( TheStreet) -- The ex-dividend date for RadioShack (NYSE: RSH) is tomorrow, March 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $6.93 as of 9:30 a.m. ET, the dividend yield is 7.1%.

The average volume for RadioShack has been 2.6 million shares per day over the past 30 days. RadioShack has a market cap of $1.02 billion and is part of the services sector and retail industry. Shares are down 29.4% year to date as of the close of trading on Monday.

RadioShack Corporation engages in the retail sale of consumer electronic goods and services through its RadioShack store chain. The company's mobility platform offers postpaid and prepaid wireless handsets, prepaid wireless airtime, tablet devices, and e-readers. The company has a P/E ratio of 10, above the average retail industry P/E ratio of 9.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates RadioShack as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full RadioShack Ratings Report.

See our dividend calendar or top-yielding stocks list.
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