NEW YORK (

TheStreet

) -- The ex-dividend date for

Telecom Italia SPA

(NYSE:

TI.A

) is Monday, April 18, 2011. Owners of shares as of market close today will be eligible for a dividend of 85 cents per share. At a price of $13.57 as of 9:30 a.m. ET, the dividend yield is 11.1%.

The average volume for Telecom Italia SPA has been 169,100 shares per day over the past 30 days. Telecom Italia SPA has a market cap of $26.1 billion and is part of the

technology

sector and

telecommunications

industry. Shares are up 25.8% year to date as of the close of trading on Thursday.

Telecom Italia S.p.A., together with its subsidiaries, provides fixed-line and mobile telecommunications, Internet, and media services. The company also operates in office and system solutions. The company has a P/E ratio of 5.9, below the S&P 500 P/E ratio of 16.4.

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TheStreet Ratings rates Telecom Italia SPA as a

sell

. The area that we feel has been the company's primary weakness has been its feeble growth in its earnings per share. You can view the full

Telecom Italia SPA Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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