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NEW YORK ( TheStreet) -- The ex-dividend date for Spreadtrum Communications (Nasdaq: SPRD) is tomorrow, October 6, 2011. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $19.12 as of 9:30 a.m. ET, the dividend yield is 0.5%. The average volume for Spreadtrum has been 1.3 million shares per day over the past 30 days. Spreadtrum has a market cap of $834.2 million and is part of the technology sector and electronics industry. Shares are up 5.1% year to date as of the close of trading on Tuesday. Spreadtrum Communications, Inc., through its subsidiaries, operates as a fabless semiconductor company that designs, develops, and markets baseband processor and RF transceiver solutions for wireless communications and mobile television markets. The company has a P/E ratio of 8.5, above the average electronics industry P/E ratio of 4.1 and below the S&P 500 P/E ratio of 17.7.