BUSINESS

Advance Auto Parts Stock To Go Ex-dividend Tomorrow (AAP)

Tickers in this article: AAP

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 Advance Auto Parts (AAP">AAP) is tomorrow, March 20, 2013. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $80.68 as of 9:31 a.m. ET, the dividend yield is 0.3%.

The average volume for Advance Auto Parts has been 869,100 shares per day over the past 30 days. Advance Auto Parts has a market cap of $5.86 billion and is part of the services sector and retail industry. Shares are up 11.5% year to date as of the close of trading on Monday.

Advance Auto Parts, Inc., through its subsidiaries, operates as a specialty retailer of automotive aftermarket parts, accessories, batteries, and maintenance items. It operates in two segments, Advance Auto Parts (AAP), and Autopart International (AI). The company has a P/E ratio of 15.2, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Advance Auto Parts as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Advance Auto Parts Ratings Report.

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