NEW YORK (

TheStreet

) -- The ex-dividend date for

Maxim Integrated Products

(Nasdaq:

MXIM

) is tomorrow, February 17, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $27.80 as of 9:30 a.m. ET, the dividend yield is 3.2%.

The average volume for Maxim Integrated has been 2.4 million shares per day over the past 30 days. Maxim Integrated has a market cap of $8.11 billion and is part of the

technology

sector and

electronics

industry. Shares are up 6.2% year to date as of the close of trading on Wednesday.

Maxim Integrated Products, Inc. engages in designing, developing, manufacturing, and marketing various linear and mixed-signal integrated circuits worldwide. The company also provides various high-frequency process technologies and capabilities for use in custom designs. The company has a P/E ratio of 17.2, above the average electronics industry P/E ratio of 16.7 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Maxim Integrated 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, good cash flow from operations, notable return on equity, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Maxim Integrated Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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