The ex-dividend date for Motorola Solutions (NYSE:MSI) is tomorrow, September 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $48.75 as of 9:30 a.m., the dividend yield is 2.1%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- The ex-dividend date for Motorola Solutions (NYSE: MSI) is tomorrow, September 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $48.75 as of 9:30 a.m. ET, the dividend yield is 2.1%. The average volume for Motorola has been 2.1 million shares per day over the past 30 days. Motorola has a market cap of $14.11 billion and is part of the technology sector and telecommunications industry. Shares are up 6.5% year to date as of the close of trading on Monday. Motorola Solutions, Inc. provides communication infrastructure, devices, software, and services for government and enterprise customers worldwide. The company has a P/E ratio of 23.6, below the average telecommunications industry P/E ratio of 24 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Motorola as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Motorola Ratings Report. See our dividend calendar or top-yielding stocks list. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.