The ex-dividend date for Tiffany (NYSE:TIF) is tomorrow, December 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $58.18 as of 9:30 a.m., the dividend yield is 2.2%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Tiffany (NYSE: TIF) is tomorrow, December 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $58.18 as of 9:30 a.m. ET, the dividend yield is 2.2%. The average volume for Tiffany has been 1.8 million shares per day over the past 30 days. Tiffany has a market cap of $7.29 billion and is part of the services sector and specialty retail industry. Shares are down 12.3% year to date as of the close of trading on Friday. Tiffany & Co., through its subsidiaries, engages in the design, manufacture, and retail of fine jewelry worldwide. The company has a P/E ratio of 17.8, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Tiffany as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Tiffany Ratings Report. See our dividend calendar or top-yielding stocks list. Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade.