Molex Inc. Class A Stock To Go Ex-dividend Tomorrow (MOLXA)

NEW YORK ( TheStreet) -- The ex-dividend date for Molex Inc. Class A (Nasdaq: MOLXA) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $23.60 as of 3:50 p.m. ET, the dividend yield is 3.5%.

The average volume for Molex Inc. Class A has been 190,300 shares per day over the past 30 days. Molex Inc. Class A has a market cap of $1.83 billion and is part of the technology sector and electronics industry. Shares are up 19% year to date as of the close of trading on Monday.

Molex Incorporated, together with its subsidiaries, engages in the design, manufacture, and sale of electronic components worldwide. The company has a P/E ratio of 13.3, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Molex Inc. Class A as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Molex Inc. Class A Ratings Report.

See our dividend calendar or top-yielding stocks list.
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