Hot Topic Stock To Go Ex-dividend Tomorrow (HOTT)

NEW YORK ( TheStreet) -- The ex-dividend date for Hot Topic (Nasdaq: HOTT) is tomorrow, April 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $9.41 as of 9:30 a.m. ET, the dividend yield is 3.2%.

The average volume for Hot Topic has been 479,000 shares per day over the past 30 days. Hot Topic has a market cap of $416.6 million and is part of the services sector and retail industry. Shares are up 49.8% year to date as of the close of trading on Tuesday.

Hot Topic, Inc., together with its subsidiaries, operates as a mall and Web-based specialty retailer in the United States. It operates Hot Topic and Torrid store concepts.

TheStreet Ratings rates Hot Topic as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Hot Topic Ratings Report.

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