True Religion Stock To Go Ex-dividend Tomorrow (TRLG)

NEW YORK ( TheStreet) -- The ex-dividend date for True Religion Apparel (Nasdaq: TRLG) is tomorrow, May 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $26.79 as of 9:30 a.m. ET, the dividend yield is 3%.

The average volume for True Religion has been 493,900 shares per day over the past 30 days. True Religion has a market cap of $685.5 million and is part of the consumer goods sector and consumer non-durables industry. Shares are down 23% year to date as of the close of trading on Wednesday.

True Religion Apparel, Inc. designs, develops, manufactures, markets, distributes, and sells apparel in North America, Europe, Asia, Australia, Africa, and South America. It offers fashion jeans and related sportswear apparel. The company has a P/E ratio of 14.4, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates True Religion 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, reasonable valuation levels, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full True Religion Ratings Report.

See our dividend calendar or top-yielding stocks list.
null

If you liked this article you might like

Alibaba Shares Close to New Low on Fake Order Issue, Taiwan Woes

Alibaba Makes Strides in Cleaning Up Counterfeits, But More Work Is Needed

The Deal: Catch the Men's Wearhouse Sale Before Its Board Does

Apax Partners Retreads Rue21 Amid Retail Buyout Boom

True Religion Finds Savior in $835M TowerBrook Buyout