Inter Parfums Stock To Go Ex-dividend Tomorrow (IPAR)
The ex-dividend date for Inter Parfums (Nasdaq:IPAR) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $16.32 as of 9:59 a.m., the dividend yield is 2.1%.
NEW YORK ( TheStreet) -- The ex-dividend date for Inter Parfums (Nasdaq: IPAR) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $16.32 as of 9:59 a.m. ET, the dividend yield is 2.1%. The average volume for Inter Parfums has been 101,300 shares per day over the past 30 days. Inter Parfums has a market cap of $511.2 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 3.4% year to date as of the close of trading on Monday. Inter Parfums, Inc., together with its subsidiaries, engages in the manufacture, marketing, and distribution of various fragrances and fragrance related products primarily in the United States and Europe. The company has a P/E ratio of 14.8, below the average consumer non-durables industry P/E ratio of 15.1 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Inter Parfums 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, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Inter Parfums Ratings Report. See our dividend calendar or top-yielding stocks list.