Partner Stock To Go Ex-dividend Monday (PTNR)

NEW YORK ( TheStreet) -- The ex-dividend date for Partner Communications Company (Nasdaq: PTNR) is Monday, December 5, 2011. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $9.51 as of 9:30 a.m. ET, the dividend yield is 9.2%.

The average volume for Partner has been 231,600 shares per day over the past 30 days. Partner has a market cap of $1.49 billion and is part of the technology sector and telecommunications industry. Shares are down 53.2% year to date as of the close of trading on Thursday.

Partner Communications Company Ltd. provides various telecommunications services in Israel. It offers cellular telephony services on GSM/GPRS and UMTS/HSDPA networks. The company has a P/E ratio of 4.3, below the average telecommunications industry P/E ratio of 5.5 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Partner as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Partner Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Overstock Needs a Catalyst, Says Analyst

Overstock Needs a Catalyst, Says Analyst

Market Slide Deepens in Final Hour of Trading

Market Slide Deepens in Final Hour of Trading

American Express Shares Climb After Winning Supreme Court Case

American Express Shares Climb After Winning Supreme Court Case

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Watch: Here's What Wall Street Is Tracking Monday as Trump Sends Stocks Lower

Watch: Here's What Wall Street Is Tracking Monday as Trump Sends Stocks Lower