Telecom Italia SpA Stock To Go Ex-dividend Monday (TI)

NEW YORK ( TheStreet) -- The ex-dividend date for Telecom Italia SpA (NYSE: TI) is Monday, May 21, 2012. Owners of shares as of market close today will be eligible for a dividend of 46 cents per share. At a price of $9.63 as of 3:09 p.m. ET, the dividend yield is 4.7%.

The average volume for Telecom Italia SpA has been 349,500 shares per day over the past 30 days. Telecom Italia SpA has a market cap of $18.97 billion and is part of the technology sector and telecommunications industry. Shares are down 8.8% year to date as of the close of trading on Thursday.

Telecom Italia S.p.A., together with its subsidiaries, provides fixed-line and mobile telecommunications, Internet, and media services. The company also operates in office and system solutions.

TheStreet Ratings rates Telecom Italia SpA as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full Telecom Italia SpA Ratings Report.

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