NEW YORK ( TheStreet) -- The ex-dividend date for Telefonos de Mexico S.A.B. de C.V (NYSE: TMX) is Monday, December 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $14.96 as of 9:30 a.m. ET, the dividend yield is 5.4%. The average volume for Telefonos de Mexico S.A.B. de C.V has been 1.2 million shares per day over the past 30 days. Telefonos de Mexico S.A.B. de C.V has a market cap of $13.79 billion and is part of the technology sector and telecommunications industry. Shares are down 7.2% year to date as of the close of trading on Thursday. Telefonos de Mexico, S.A.B. de C.V. provides telecommunications services primarily in Mexico. It offers local telephone service; domestic and international long distance services; and interconnection services to long-distance, local, and mobile phone carriers. The company has a P/E ratio of 89.2, above the average telecommunications industry P/E ratio of 12.2 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Telefonos de Mexico S.A.B. de C.V 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 generally poor debt management, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Telefonos de Mexico S.A.B. de C.V Ratings Report. See our dividend calendar or top-yielding stocks list.