Rent-A-Center Stock To Go Ex-dividend Monday (RCII)
The ex-dividend date for Rent-A-Center (Nasdaq:RCII) is Monday, April 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $38.24 as of 9:30 a.m., the dividend yield is 1.7%.
NEW YORK ( TheStreet) -- The ex-dividend date for Rent-A-Center (Nasdaq: RCII) is Monday, April 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $38.24 as of 9:30 a.m. ET, the dividend yield is 1.7%. The average volume for Rent-A-Center has been 591,800 shares per day over the past 30 days. Rent-A-Center has a market cap of $2.2 billion and is part of the services sector and diversified services industry. Shares are up 3.1% year to date as of the close of trading on Thursday. Rent-A-Center, Inc., together with its subsidiaries, primarily engages in leasing household durable goods to customers on a rent-to-own basis. The company has a P/E ratio of 14.2, below the average diversified services industry P/E ratio of 16.1 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Rent-A-Center as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Rent-A-Center Ratings Report. See our dividend calendar or top-yielding stocks list.