Molex Stock To Go Ex-dividend Tomorrow (MOLXA)

NEW YORK ( TheStreet) -- The ex-dividend date for Molex (Nasdaq: MOLXA) is tomorrow, September 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $18.47 as of 9:30 a.m. ET, the dividend yield is 4.6%.

The average volume for Molex has been 224,700 shares per day over the past 30 days. Molex has a market cap of $1.4 billion and is part of the technology sector and electronics industry. Shares are down 4.8% year to date as of the close of trading on Monday.

Molex Incorporated, together with its subsidiaries, engages in the design, manufacture, and sale of electronic components worldwide. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Molex as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Molex Ratings Report.

See our dividend calendar or top-yielding stocks list.

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