Whole Foods Market Stock To Go Ex-dividend Tomorrow (WFM)

NEW YORK ( TheStreet) -- The ex-dividend date for Whole Foods Market (Nasdaq: WFM) is tomorrow, April 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $83.24 as of 9:30 a.m. ET, the dividend yield is 0.7%.

The average volume for Whole Foods Market has been 1.7 million shares per day over the past 30 days. Whole Foods Market has a market cap of $13.93 billion and is part of the services sector and retail industry. Shares are up 19.6% year to date as of the close of trading on Friday.

Whole Foods Market, Inc. engages in the ownership and operation of natural and organic food supermarkets. The company offers produce, seafood, grocery, meat and poultry, bakery, prepared foods and catering, coffee and tea, nutritional supplements, and vitamins. The company has a P/E ratio of 39.9, below the average retail industry P/E ratio of 40.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Whole Foods Market as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Whole Foods Market Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices