NEW YORK (
) -- The ex-dividend date for
) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $30.97 as of 9:36 a.m. ET, the dividend yield is 2.4%.
The average volume for TE Connectivity has been 4.7 million shares per day over the past 30 days. TE Connectivity has a market cap of $13.61 billion and is part of the
industry. Shares are down 14.9% year to date as of the close of trading on Friday.
TE Connectivity Ltd. engages in the design and manufacture of products that connect and protect the flow of power and data inside various products used by consumers and industries. The company has a P/E ratio of 10.8, below the average electronics industry P/E ratio of 11.4 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 impressive record of earnings per share growth, increase in net income, robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full