Molex Stock To Go Ex-dividend Tomorrow (MOLX) - TheStreet

NEW YORK (

TheStreet

) -- The ex-dividend date for

Molex

(Nasdaq:

MOLX

) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $23.69 as of 9:30 a.m. ET, the dividend yield is 3.6%.

The average volume for Molex has been 793,100 shares per day over the past 30 days. Molex has a market cap of $2.32 billion and is part of the

technology

sector and

electronics

industry. Shares are down 1.1% year to date as of the close of trading on Monday.

Molex Incorporated, together with its subsidiaries, engages in the design, manufacture, and sale of electronic components worldwide. The company has a P/E ratio of 15, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Molex 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, expanding profit margins, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Molex Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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