Analog Devices Stock To Go Ex-dividend Tomorrow (ADI)

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 Analog Devices (Nasdaq:ADI) is tomorrow, August 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $39.51 as of 9:30 a.m. ET, the dividend yield is 3%.

The average volume for Analog Devices has been 2.3 million shares per day over the past 30 days. Analog Devices has a market cap of $11.88 billion and is part of the technology sector and electronics industry. Shares are up 10.7% year to date as of the close of trading on Monday.

Analog Devices, Inc. engages in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) used in industrial, automotive, consumer, and communication applications. The company has a P/E ratio of 18.6, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

• ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

TheStreet Ratings rates Analog Devices 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, solid stock price performance, expanding profit margins and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Analog Devices Ratings Report.

See our dividend calendar or top-yielding stocks list.

For more information on Analog Devices Inc click any of the following:

• Analog Devices Inc Stock Price

• Analog Devices Inc Analyst Ratings

• Analog Devices Inc Key Stats & Profile

• Analog Devices Inc Earnings

• Analog Devices Inc Ratio Comparison

• Analog Devices Inc Growth Rates

• Analog Devices Inc Balance Sheet

• Analog Devices Inc Cash Flow

• Analog Devices Inc Income Statement