NEW YORK ( TheStreet) -- The ex-dividend date for P.F. Chang's China Bistro (Nasdaq: PFCB) is tomorrow, May 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $51.42 as of 9:30 a.m. ET, the dividend yield is 2.1%. The average volume for P.F. Chang's China Bistro has been 773,000 shares per day over the past 30 days. P.F. Chang's China Bistro has a market cap of $1.09 billion and is part of the services sector and leisure industry. Shares are up 66.3% year to date as of the close of trading on Monday. P.F. Chang's China Bistro, Inc., through its subsidiaries, engages in the ownership and operation of restaurants in the United States. The company owns and operates two restaurant concepts, P.F. Chang's China Bistro and Pei Wei Asian Diner. The company has a P/E ratio of 42.9, below the average leisure industry P/E ratio of 43.2 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates P.F. Chang's China Bistro as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full P.F. Chang's China Bistro Ratings Report. See our dividend calendar or top-yielding stocks list.