Linear Technology Stock To Go Ex-dividend Tomorrow (LLTC)

NEW YORK ( TheStreet) -- The ex-dividend date for Linear Technology (Nasdaq: LLTC) is tomorrow, May 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $30.54 as of 9:30 a.m. ET, the dividend yield is 3.3%.

The average volume for Linear Technology has been 2.2 million shares per day over the past 30 days. Linear Technology has a market cap of $7.06 billion and is part of the technology sector and electronics industry. Shares are up 1.3% year to date as of the close of trading on Monday.

Linear Technology Corporation, together with its subsidiaries, designs, manufactures, and markets various analog integrated circuits worldwide. The company produces power management, data conversion, signal conditioning, RF and interface ICs, and Module subsystems. The company has a P/E ratio of 15.8, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Linear Technology as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins 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 Linear Technology Ratings Report.

See our dividend calendar or top-yielding stocks list.

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