NEW YORK (

TheStreet

) -- The ex-dividend date for

United Microelectronics Corp

(NYSE:

UMC

) is tomorrow, July 22, 2011. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $2.51 as of 9:32 a.m. ET, the dividend yield is 6%.

The average volume for United Microelectronics has been 3.8 million shares per day over the past 30 days. United Microelectronics has a market cap of $6 billion and is part of the

technology

sector and

electronics

industry. Shares are down 22.2% year to date as of the close of trading on Wednesday.

United Microelectronics Corporation operates as a semiconductor wafer foundry. The company provides wafer fabrication services and technologies to its customers based on their designs. The company has a P/E ratio of 7.3, below the average electronics industry P/E ratio of 15 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates United Microelectronics as a

hold

. 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 and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full

United Microelectronics Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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