Applied Stock To Go Ex-dividend Monday (AMAT)

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 Applied Materials (Nasdaq: AMAT) is Monday, November 19, 2012. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $10.28 as of 9:30 a.m. ET, the dividend yield is 3.5%.

The average volume for Applied has been 13.2 million shares per day over the past 30 days. Applied has a market cap of $12.82 billion and is part of the technology sector and electronics industry. Shares are down 3.8% year to date as of the close of trading on Thursday.

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. The company has a P/E ratio of 12.5, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Applied 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, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Applied Ratings Report.

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