Brown Shoe Stock To Go Ex-dividend Tomorrow (BWS)

NEW YORK ( TheStreet) -- The ex-dividend date for Brown Shoe Company (NYSE: BWS) is tomorrow, June 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $11.55 as of 9:30 a.m. ET, the dividend yield is 2.3%.

The average volume for Brown Shoe has been 547,300 shares per day over the past 30 days. Brown Shoe has a market cap of $488.6 million and is part of the services sector and specialty retail industry. Shares are up 29.1% year to date as of the close of trading on Tuesday.

Brown Shoe Company, Inc. operates as a footwear retailer and wholesaler in the United States, Canada, China, and Guam. It provides licensed, branded, and private-label casual, dress, and athletic footwear products to women, men, and children. The company has a P/E ratio of 71.2, above the average specialty retail industry P/E ratio of 21.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Brown Shoe as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and generally poor debt management. You can view the full Brown Shoe Ratings Report.

See our dividend calendar or top-yielding stocks list.
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