Jones Group Stock To Go Ex-dividend Tomorrow (JNY)
The ex-dividend date for Jones Group (NYSE:JNY) is tomorrow, May 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $10.01 as of 9:30 a.m., the dividend yield is 2%.
NEW YORK ( TheStreet) -- The ex-dividend date for Jones Group (NYSE: JNY) is tomorrow, May 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $10.01 as of 9:30 a.m. ET, the dividend yield is 2%. The average volume for Jones Group has been 1.5 million shares per day over the past 30 days. Jones Group has a market cap of $834.2 million and is part of the services sector and retail industry. Shares are down 4% year to date as of the close of trading on Monday. The Jones Group Inc. engages in the design, marketing, and wholesale of apparel, footwear, jeanswear, jewelry, and handbags. The company has a P/E ratio of 10.3, below the average retail industry P/E ratio of 33.9 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Jones Group as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full Jones Group Ratings Report. See our dividend calendar or top-yielding stocks list.