Men's Wearhouse Stock To Go Ex-dividend Tomorrow (MW)

NEW YORK ( TheStreet) -- The ex-dividend date for Men's Wearhouse (NYSE: MW) is tomorrow, June 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $29.25 as of 9:30 a.m. ET, the dividend yield is 2%.

The average volume for Men's Wearhouse has been 590,900 shares per day over the past 30 days. Men's Wearhouse has a market cap of $1.78 billion and is part of the services sector and retail industry. Shares are up 7.7% year to date as of the close of trading on Wednesday.

The Men's Wearhouse, Inc., together with its subsidiaries, operates as a specialty apparel retailer in the United States and Canada. It provides suits, suit separates, sport coats, slacks, sportswear, outerwear, dress shirts, shoes, and accessories for men, as well as offers tuxedo rentals. The company has a P/E ratio of 15.2, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Men's Wearhouse as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and reasonable valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Men's Wearhouse Ratings Report.

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