NVIDIA Stock To Go Ex-dividend Tomorrow (NVDA)

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 NVIDIA Corporation (Nasdaq: NVDA) is tomorrow, November 20, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $11.47 as of 9:30 a.m. ET, the dividend yield is 2.6%.

The average volume for NVIDIA has been 10.7 million shares per day over the past 30 days. NVIDIA has a market cap of $7.18 billion and is part of the technology sector and electronics industry. Shares are down 16.4% year to date as of the close of trading on Friday.

NVIDIA Corporation provides graphics chips for use in smartphones, personal computers (PC), tablets, and professional workstations markets worldwide. It operates in three segments: Graphic Processing Unit (GPU), Professional Solutions Business (PSB), and Consumer Products Business (CPB). The company has a P/E ratio of 14.1, below the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates NVIDIA as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full NVIDIA Ratings Report.

See our dividend calendar or top-yielding stocks list.

FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!.
null

If you liked this article you might like

Roku, Nucana and Other IPOs That Should Be on Your Radar in 2017

The Stock Market Could Be Reduced to Rubble, Doug Kass Explains

I Cannot Be a Cheerleader Because I Am Blinded by a Sense of History

Wall Street Deflates in Pullback After Fed Excitement, No Records for Dow

Your Guide to Making a Lot of Money on the Driverless Car Boom