LONDON, UK / ACCESWIRE / September 8, 2017 / Pro-Trader Daily takes a closer look at The Children's Place, Inc. (NASDAQ: PLCE) as the Company's stock will begin trading ex-dividend on September 11, 2017. In order to capture the dividend payout, investors must purchase the stock a day prior (excluding weekend) to the ex-dividend date that is by latest at the end of the trading session on September 08, 2017. Are you looking for research on dividend stocks, if so register with us now for your free membership at:

http://protraderdaily.com/register/

Today, PRO-TD covers ex-dividend news on PLCE. Get our free coverage by signing up at:

http://protraderdaily.com/optin/?symbol=PLCE

Dividend Declared

On August 09, 2017, Children's Place's Board of Directors has declared a quarterly dividend. The Board declared a quarterly cash dividend of $0.40 per share to be paid October 03, 2017, to shareholders of record at the close of business on September 12, 2017.

Children's Place's indicated dividend represents a yield of 1.47% compared to the average dividend yield of 2.03% for the Services sector. The Children's Place has returned over $829 million to shareholders through dividends and share repurchases since 2009. The Company has raised its dividend for two consecutive years.

Dividend Insights

Children's Place has a dividend payout ratio of 21.5%, which indicates that the Company distributes approximately $0.22 for every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analyst estimates, Children's Place is forecasted to report earnings of $7.89 for the next year which is substantially above its annualized dividend of $1.60.

Children's Place's net cash provided by operating activities was $71.45 million for Q2 2017 compared to operating cash flows of $75.18 million for the year ago same period. As of July 29, 2017, the Company's cash and cash equivalents totaled $202.33 million compared to $193.71 million at January 28, 2017. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain its dividend distribution for a long period.

Recent Development for Children's Place

On August 09, 2017, Children's Place announced the appointment of Steven G. Rado to the position of Chief Digital Officer, effective August 14, 2017. Mr. Rado will report directly to Jane Elfers, President and Chief Executive Officer.

Jane Elfers said:

"We believe that a Personalized Customer Contact Strategy is our single biggest opportunity, and we have made the decision to significantly accelerate the development and implementation of this initiative. Steve's deep experience in all aspects of marketing, including strategy development, customer relationship management, and digital commerce, combined with his successful track record of delivering digital transformation through personalized customer contact at Victoria's Secret, Office Depot and Land's End, make him the ideal candidate to lead this effort at The Children's Place."

Mr. Rado received his BS in Business Administration from Bowling Green State University, his MBA from The Ohio State University and his Juris Doctor from Case Western Reserve University School of Law.

About The Children's Place, Inc.

Children's Place is the largest pure-play children's specialty apparel retailer in North America. The Company designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell fashionable, high-quality merchandise at value prices.

As of July 29, 2017, the Company operated 1,026 stores in the United States, Canada, and Puerto Rico, an online store, and had 161 international points of distribution open and operated by its 7 franchise partners in 19 countries.

Stock Performance

At the closing bell, on Thursday, September 07, 2017, Children's Place's stock slightly slipped 0.55%, ending the trading session at $109.35. A total volume of 288.74 thousand shares have exchanged hands. The Company's stock price soared 7.63% in the last three months and 31.70% in the previous twelve months. Moreover, the stock gained 8.32% since the start of the year. The stock is trading at a PE ratio of 15.68 and has a dividend yield of 1.46%. The stock currently has a market cap of $1.90 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily