Micrel Stock To Go Ex-dividend Monday (MCRL)

NEW YORK ( TheStreet) -- The ex-dividend date for Micrel (Nasdaq: MCRL) is Monday, May 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $10.40 as of 9:30 a.m. ET, the dividend yield is 1.5%.

The average volume for Micrel has been 390,900 shares per day over the past 30 days. Micrel has a market cap of $654.7 million and is part of the technology sector and electronics industry. Shares are up 6.8% year to date as of the close of trading on Thursday.

Micrel, Incorporated, doing business as Micrel Semiconductor, engages in the design, development, manufacture, and marketing of analog power, mixed-signal, and digital integrated circuits (ICs) primarily in North America, Europe, and Asia. The company has a P/E ratio of 21.6, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Micrel 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 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 Micrel Ratings Report.

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