NEW YORK ( TheStreet) -- The ex-dividend date for Telular Corporation (Nasdaq: WRLS) is tomorrow, February 10, 2011. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $7.72 as of 9:32 a.m. ET, the dividend yield is 5.5%. The average volume for Telular has been 115,600 shares per day over the past 30 days. Telular has a market cap of $108.4 million and is part of the technology sector and telecommunications industry. Shares are up 13.8% year to date as of the close of trading on Tuesday. Telular Corporation designs, develops, and distributes products and services that utilize wireless networks to provide data and voice connectivity among people and machines primarily in the United States. The company has a P/E ratio of three, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 23.4. TheStreet Ratings rates Telular as 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, notable return on equity, reasonable valuation levels, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Telular Ratings Report.