Columbia Stock To Go Ex-dividend Tomorrow (COLM)

NEW YORK ( TheStreet) -- The ex-dividend date for Columbia Sportswear Company (Nasdaq: COLM) is tomorrow, May 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $46.79 as of 9:30 a.m. ET, the dividend yield is 1.9%.

The average volume for Columbia has been 151,900 shares per day over the past 30 days. Columbia has a market cap of $1.59 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 1% year to date as of the close of trading on Friday.

Columbia Sportswear Company, together with its subsidiaries, engages in the design, development, sourcing, marketing, and distribution of outdoor apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company has a P/E ratio of 17, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Columbia as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Columbia Ratings Report.

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