Cal-Maine Stock To Go Ex-dividend Monday (CALM)

NEW YORK ( TheStreet) -- The ex-dividend date for Cal-Maine Foods (Nasdaq: CALM) is Monday, April 23, 2012. Owners of shares as of market close today will be eligible for a dividend of 36 cents per share. At a price of $35.18 as of 9:30 a.m. ET, the dividend yield is 4.1%.

The average volume for Cal-Maine has been 117,600 shares per day over the past 30 days. Cal-Maine has a market cap of $802.6 million and is part of the consumer goods sector and food & beverage industry. Shares are down 2.5% year to date as of the close of trading on Thursday.

Cal-Maine Foods, Inc. engages in the production, grading, packaging, distribution, and marketing of shell eggs. The company has a P/E ratio of 14.3, below the average food & beverage industry P/E ratio of 15 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Cal-Maine 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, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Cal-Maine Ratings Report.

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