Motorola Stock To Go Ex-dividend Tomorrow (MSI)

NEW YORK ( TheStreet) -- The ex-dividend date for Motorola Solutions (NYSE: MSI) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $50.59 as of 9:30 a.m. ET, the dividend yield is 1.7%.

The average volume for Motorola has been 2.2 million shares per day over the past 30 days. Motorola has a market cap of $15.58 billion and is part of the technology sector and telecommunications industry. Shares are up 9.6% year to date as of the close of trading on Friday.

Motorola Solutions, Inc. provides communication infrastructure, devices, software, and services for government and enterprise customers worldwide. The company has a P/E ratio of 23.5, above the average telecommunications industry P/E ratio of 13.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Motorola as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Motorola Ratings Report.

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