Xyratex Stock To Go Ex-dividend Monday (XRTX)

NEW YORK (TheStreet) -- The ex-dividend date for Xyratex (Nasdaq:XRTX) is Monday, February 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $16.77 as of 9:30 a.m. ET, the dividend yield is 1.5%.

The average volume for Xyratex has been 319,200 shares per day over the past 30 days. Xyratex has a market cap of $435.3 million and is part of the technology sector and computer hardware industry. Shares are up 27.4% year to date as of the close of trading on Thursday.

Xyratex Ltd provides modular enterprise-class data storage subsystems and hard disk drive capital equipment for original equipment manufacturers (OEM), and hard disk drive manufacturers and their component suppliers in North America, Asia, and Europe. The company has a P/E ratio of 13.5, below the average computer hardware industry P/E ratio of 17.2 and below the S&P 500 P/E ratio of 17.7.

• Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Xyratex as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Xyratex Ratings Report.

See our dividend calendar or top-yielding stocks list.

For more information on Xyratex Ltd. click any of the following:

• Xyratex Ltd. Stock Price

• Xyratex Ltd. Analyst Ratings

• Xyratex Ltd. Key Stats & Profile

• Xyratex Ltd. Earnings

• Xyratex Ltd. Ratio Comparison

• Xyratex Ltd. Growth Rates

• Xyratex Ltd. Balance Sheet

• Xyratex Ltd. Cash Flow

• Xyratex Ltd. Income Statement