NEW YORK (
) -- The ex-dividend date for
) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $11.01 as of 9:35 a.m. ET, the dividend yield is 2.8%.
The average volume for AVX has been 184,900 shares per day over the past 30 days. AVX has a market cap of $1.85 billion and is part of the
industry. Shares are down 14.7% year to date as of the close of trading on Friday.
AVX Corporation, together with its subsidiaries, manufactures and supplies passive electronic components and interconnect products in the Americas, Europe, and Asia. The company operates through three segments: Passive Components, Kyocera Electronic Devices (KED Resale), and Interconnect. The company has a P/E ratio of 12.1, above the average electronics industry P/E ratio of 8.6 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates AVX as a
. 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 attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full