NEW YORK ( TheStreet) -- The ex-dividend date for Molex (Nasdaq: MOLXA) is tomorrow, March 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 $20.59 as of 9:31 a.m. ET, the dividend yield is 3.4%.

The average volume for Molex has been 292,800 shares per day over the past 30 days. Molex has a market cap of $1.6 billion and is part of the technology sector and electronics industry. Shares are up 8.9% year to date as of the close of trading on Friday.

Molex Incorporated manufactures and sells electronic components worldwide. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 16.2.
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TheStreet Ratings rates Molex as buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Molex Ratings Report.

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