NEW YORK ( TheStreet) -- The ex-dividend date for Otelco Inc. Income Deposit Secs Units Cons (Nasdaq: OTT) is tomorrow, June 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $7.11 as of 9:30 a.m. ET, the dividend yield is 16.4%. The average volume for Otelco Inc. Income Deposit Secs Units Cons has been 157,300 shares per day over the past 30 days. Otelco Inc. Income Deposit Secs Units Cons has a market cap of $92.5 million and is part of the technology sector and telecommunications industry. Shares are down 51.6% year to date as of the close of trading on Monday. Otelco Inc. provides a range of telecommunications services on a retail and wholesale basis.
TheStreet Ratings rates Otelco Inc. Income Deposit Secs Units Cons as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Otelco Inc. Income Deposit Secs Units Cons Ratings Report. See our dividend calendar or top-yielding stocks list.