Interface Stock To Go Ex-dividend Tomorrow (IFSIA)

NEW YORK ( TheStreet) -- The ex-dividend date for Interface (Nasdaq: IFSIA) is tomorrow, May 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $13.30 as of 9:30 a.m. ET, the dividend yield is 0.6%.

The average volume for Interface has been 453,900 shares per day over the past 30 days. Interface has a market cap of $879.9 million and is part of the industrial goods sector and industrial industry. Shares are up 16.6% year to date as of the close of trading on Monday.

Interface, Inc. engages in the design, production, and sale of floor covering products for the commercial, institutional, and residential markets primarily in the Americas, Europe, and the Asia-Pacific. The company has a P/E ratio of 24.5, below the average industrial industry P/E ratio of 37.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Interface 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 notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and generally poor debt management. You can view the full Interface Ratings Report.

See our dividend calendar or top-yielding stocks list.
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