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NEW YORK (

TheStreet

) -- The ex-dividend date for

CTS Corporation

(NYSE:

CTS

) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $10.60 as of 9:30 a.m. ET, the dividend yield is 1.4%.

The average volume for CTS has been 132,800 shares per day over the past 30 days. CTS has a market cap of $342.5 million and is part of the

technology

sector and

electronics

industry. Shares are up 15% year to date as of the close of trading on Monday.

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CTS Corporation engages in the design, manufacture, assembly, and sale of electronic components and sensors, as well as the provision of electronics manufacturing services worldwide. It operates in two segments, Electronics Manufacturing Services, and Components and Sensors. The company has a P/E ratio of 16.9, below the average electronics industry P/E ratio of 17.5 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates CTS as a

hold

. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow. You can view the full

CTS Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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