The ex-dividend date for Staples (Nasdaq:SPLS) is tomorrow, June 26, 2013. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $15.50 as of 9:31 a.m., the dividend yield is 3.1%.
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 Staples (Nasdaq: SPLS) is tomorrow, June 26, 2013. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $15.50 as of 9:31 a.m. ET, the dividend yield is 3.1%. The average volume for Staples has been 8.8 million shares per day over the past 30 days. Staples has a market cap of $10.35 billion and is part of the services sector and specialty retail industry. Shares are up 35% year to date as of the close of trading on Monday. Staples, Inc., together with its subsidiaries, operates as an office products company. It operates in three segments: North American Stores & Online, North American Commercial, and International Operations.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates Staples as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures 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 poor profit margins. You can view the full Staples Ratings Report. See our dividend calendar or top-yielding stocks list. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..