Pier One Imports Stock To Go Ex-dividend Monday (PIR)

NEW YORK ( TheStreet) -- The ex-dividend date for Pier one Imports (NYSE: PIR) is Monday, April 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $17.84 as of 9:30 a.m. ET, the dividend yield is 0.9%.

The average volume for Pier one Imports has been 1.7 million shares per day over the past 30 days. Pier one Imports has a market cap of $2.04 billion and is part of the services sector and retail industry. Shares are up 28.4% year to date as of the close of trading on Thursday.

Pier one Imports, Inc., together with its subsidiaries, operates as an importer and specialty retailer of imported decorative home furnishings and gifts in the United States, Canada, and Mexico. The company has a P/E ratio of 19, above the average retail industry P/E ratio of 12.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Pier one Imports 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, notable return on equity, expanding profit margins and solid stock price performance. 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 Pier one Imports Ratings Report.

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