NEW YORK ( TheStreet) -- The ex-dividend date for Chunghwa Telecom Company (NYSE: CHT) is tomorrow, July 19, 2011. Owners of shares as of market close today will be eligible for a dividend of $1.51 per share. At a price of $37.32 as of 9:32 a.m. ET, the dividend yield is 7.6%.

The average volume for Chunghwa Telecom has been 377,200 shares per day over the past 30 days. Chunghwa Telecom has a market cap of $28.1 billion and is part of the technology sector and telecommunications industry. Shares are up 39.8% year to date as of the close of trading on Friday.

Chunghwa Telecom Co., Ltd. provides integrated telecommunications services primarily in Taiwan. The company has a P/E ratio of 14.5, below the average telecommunications industry P/E ratio of 48.7 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Chunghwa Telecom 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, solid stock price performance, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Chunghwa Telecom Ratings Report.

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