The ex-dividend date for OfficeMax (NYSE:OMX) is Monday, May 13, 2013. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $11.43 as of 9:30 a.m., the dividend yield is 0.7%.
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 OfficeMax (NYSE: OMX) is Monday, May 13, 2013. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $11.43 as of 9:30 a.m. ET, the dividend yield is 0.7%. The average volume for OfficeMax has been 2.8 million shares per day over the past 30 days. OfficeMax has a market cap of $992 million and is part of the services sector and specialty retail industry. Shares are up 16.6% year to date as of the close of trading on Thursday. OfficeMax Incorporated, together with its subsidiaries, distributes business-to-business and retail office products. The company has a P/E ratio of 2.1, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates OfficeMax as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, notable return on equity, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full OfficeMax Ratings Report. See our dividend calendar or top-yielding stocks list. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.