The ex-dividend date for Micrel (Nasdaq:MCRL) is Monday, May 9, 2011. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $12.63 as of 9:30 a.m., the dividend yield is 1.1%.
NEW YORK ( TheStreet) -- The ex-dividend date for Micrel (Nasdaq: MCRL) is Monday, May 9, 2011. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $12.63 as of 9:30 a.m. ET, the dividend yield is 1.1%. The average volume for Micrel has been 484,800 shares per day over the past 30 days. Micrel has a market cap of $772.1 million and is part of the technology sector and electronics industry. Shares are down 4.2% year to date as of the close of trading on Thursday. Micrel Incorporated, doing business as Micrel Semiconductor, designs, develops, manufactures, and markets high-performance analog power, mixed-signal, and digital integrated circuits (ICs) primarily in North America, Europe, and Asia. The company has a P/E ratio of 15.5, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 16.9.
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TheStreet Ratings rates Micrel as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Micrel Ratings Report. See our dividend calendar or top-yielding stocks list.