National Instruments Stock To Go Ex-dividend Tomorrow (NATI)

NEW YORK ( TheStreet) -- The ex-dividend date for National Instruments Corporation (Nasdaq: NATI) is tomorrow, February 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $27.30 as of 9:30 a.m. ET, the dividend yield is 2.1%.

The average volume for National Instruments has been 310,600 shares per day over the past 30 days. National Instruments has a market cap of $3.3 billion and is part of the technology sector and computer software & services industry. Shares are up 5.2% year to date as of the close of trading on Tuesday.

National Instruments Corporation manufactures and supplies measurement and automation products. It provides application software and modular hardware that combines with industry-standard computers, networks, and third party devices to create measurement, automation, and embedded systems. The company has a P/E ratio of 25.4, below the average computer software & services industry P/E ratio of 30.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates National Instruments as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full National Instruments Ratings Report.

See our dividend calendar or top-yielding stocks list.

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