Brown Shoe Stock To Go Ex-dividend Tomorrow (BWS)

NEW YORK ( TheStreet) -- The ex-dividend date for Brown Shoe Company (NYSE: BWS) is tomorrow, March 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $9.26 as of 9:30 a.m. ET, the dividend yield is 3%.

The average volume for Brown Shoe has been 590,900 shares per day over the past 30 days. Brown Shoe has a market cap of $389.6 million and is part of the services sector and specialty retail industry. Shares are up 3.5% year to date as of the close of trading on Monday.

Brown Shoe Company, Inc. operates as a footwear retailer and wholesaler primarily in the in the United States, Canada, China, and Guam. It offers licensed, branded, and private-label casual, dress, and athletic footwear products to women, men, and children. The company has a P/E ratio of 13.3, above the average specialty retail industry P/E ratio of 11 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Brown Shoe as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full Brown Shoe Ratings Report.

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