NEW YORK ( TheStreet) -- The ex-dividend date for IDT Corporation (NYSE: IDT) is tomorrow, June 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $26.10 as of 9:30 a.m. ET, the dividend yield is 3.3%.

The average volume for IDT has been 226,100 shares per day over the past 30 days. IDT has a market cap of $570.1 million and is part of the technology sector and telecommunications industry. Shares are up 1.3% year to date as of the close of trading on Monday.

IDT Corporation operates as a telecommunications and energy company. It operates in three segments: Telecom Platform Services, Consumer Phone Services, and Genie Energy. The company has a P/E ratio of 17.5, above the average telecommunications industry P/E ratio of 17.4 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates IDT 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, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full IDT Ratings Report.

See our dividend calendar or top-yielding stocks list.

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