Ralph Lauren Stock To Go Ex-dividend Tomorrow (RL)
The ex-dividend date for Ralph Lauren (NYSE:RL) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $177.14 as of 9:35 a.m., the dividend yield is 0.5%.
NEW YORK ( TheStreet) -- The ex-dividend date for Ralph Lauren (NYSE: RL) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $177.14 as of 9:35 a.m. ET, the dividend yield is 0.5%. The average volume for Ralph Lauren has been one million shares per day over the past 30 days. Ralph Lauren has a market cap of $9.24 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 28.3% year to date as of the close of trading on Monday. Ralph Lauren Corporation, together with its subsidiaries, engages in the design, marketing, and distribution of lifestyle products. The company has a P/E ratio of 25.3, above the average consumer non-durables industry P/E ratio of 22.1 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Ralph Lauren as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, good cash flow from operations and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Ralph Lauren Ratings Report. See our dividend calendar or top-yielding stocks list.