Philippine Long Distance Telephone Stock To Go Ex-dividend Tomorrow (PHI)

NEW YORK ( TheStreet) -- The ex-dividend date for Philippine Long Distance Telephone (NYSE: PHI) is tomorrow, August 26, 2011. Owners of shares as of market close today will be eligible for a dividend of $1.37 per share. At a price of $57.30 as of 9:39 a.m. ET, the dividend yield is 4.6%.

The average volume for Philippine Long Distance Telephone has been 101,700 shares per day over the past 30 days. Philippine Long Distance Telephone has a market cap of $10.9 billion and is part of the technology sector and telecommunications industry. Shares are down 1% year to date as of the close of trading on Wednesday.

Philippine Long Distance Telephone Company provides telecommunication services in the Philippines. The company has a P/E ratio of 12, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Philippine Long Distance Telephone as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Philippine Long Distance Telephone Ratings Report.

See our dividend calendar or top-yielding stocks list.

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