Telephones Of Mexico Stock To Go Ex-dividend Monday (TMX)

NEW YORK ( TheStreet) -- The ex-dividend date for Telephones of Mexico (NYSE: TMX) is Monday, June 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $16.85 as of 9:32 a.m. ET, the dividend yield is 4.9%.

The average volume for Telephones of Mexico has been 1.1 million shares per day over the past 30 days. Telephones of Mexico has a market cap of $15.1 billion and is part of the technology sector and telecommunications industry. Shares are up 5.3% year to date as of the close of trading on Thursday.

Telefonos de Mexico, S.A.B. de C.V. provides telecommunications services primarily in Mexico. It offers local telephone service; domestic and international long distance services; and interconnection services to long-distance, local, and mobile phone carriers. The company has a P/E ratio of 98.3, above the average telecommunications industry P/E ratio of 12.6 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Telephones of Mexico as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and weak operating cash flow. You can view the full Telephones of Mexico Ratings Report.

See our dividend calendar or top-yielding stocks list.

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