NEW YORK ( TheStreet) -- The ex-dividend date for United Microelectronics Corp (NYSE: UMC) is tomorrow, July 22, 2011. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $2.51 as of 9:32 a.m. ET, the dividend yield is 6%. The average volume for United Microelectronics has been 3.8 million shares per day over the past 30 days. United Microelectronics has a market cap of $6 billion and is part of the technology sector and electronics industry. Shares are down 22.2% year to date as of the close of trading on Wednesday. United Microelectronics Corporation operates as a semiconductor wafer foundry. The company provides wafer fabrication services and technologies to its customers based on their designs. The company has a P/E ratio of 7.3, below the average electronics industry P/E ratio of 15 and below the S&P 500 P/E ratio of 17.7.
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