NEW YORK ( TheStreet) -- The ex-dividend date for bebe stores (Nasdaq: BEBE) is tomorrow, June 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $6.26 as of 9:30 a.m. ET, the dividend yield is 1.6%.

The average volume for bebe has been 355,000 shares per day over the past 30 days. Bebe has a market cap of $538.1 million and is part of the services sector and retail industry. Shares are down 24.8% year to date as of the close of trading on Friday.

bebe stores, inc. engages in the design, development, and production of women's apparel and accessories. Its products include a range of separates, tops, dresses, active wear, and accessories in career, evening, casual, and active lifestyle categories. The company has a P/E ratio of 39.9, above the average retail industry P/E ratio of 37.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates bebe as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, revenue growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full bebe Ratings Report.

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