NEW YORK (
) -- The ex-dividend date for
) is tomorrow, August 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $30.18 as of 9:30 a.m. ET, the dividend yield is 2.5%.
The average volume for TE Connectivity has been 2.6 million shares per day over the past 30 days. TE Connectivity has a market cap of $12.5 billion and is part of the
industry. Shares are down 16.2% year to date as of the close of trading on Friday.
TE Connectivity Ltd. provides engineered electronic components, network solutions, specialty products, and subsea telecommunication systems. The company has a P/E ratio of 11, above the average electronics industry P/E ratio of 10.6 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates TE Connectivity as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full