Advanced Semiconductor Engineering Stock To Go Ex-dividend Tomorrow (ASX)
The ex-dividend date for Advanced Semiconductor Engineering (NYSE:ASX) is tomorrow, August 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $5.21 as of 9:36 a.m., the dividend yield is 1.4%.
NEW YORK ( TheStreet) -- The ex-dividend date for Advanced Semiconductor Engineering (NYSE: ASX) is tomorrow, August 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $5.21 as of 9:36 a.m. ET, the dividend yield is 1.4%. The average volume for Advanced Semiconductor Engineering has been 1.5 million shares per day over the past 30 days. Advanced Semiconductor Engineering has a market cap of $5.9 billion and is part of the technology sector and electronics industry. Shares are down 12.9% year to date as of the close of trading on Wednesday. Advanced Semiconductor Engineering, Inc., together with its subsidiaries, provides semiconductor packaging and testing services for semiconductor companies. The company has a P/E ratio of 9.4, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Advanced Semiconductor Engineering as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, notable return on equity, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Advanced Semiconductor Engineering Ratings Report. See our dividend calendar or top-yielding stocks list.