Analog Devices Stock To Go Ex-dividend Tomorrow (ADI)

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 Analog Devices (Nasdaq: ADI) is tomorrow, February 27, 2013. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $45.02 as of 9:31 a.m. ET, the dividend yield is 3%.

The average volume for Analog Devices has been 2.5 million shares per day over the past 30 days. Analog Devices has a market cap of $13.93 billion and is part of the technology sector and electronics industry. Shares are up 8.2% year to date as of the close of trading on Monday.

Analog Devices, Inc. engages in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) for use in industrial, automotive, consumer, and communication markets worldwide. The company has a P/E ratio of 21.8, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Analog Devices as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Analog Devices Ratings Report.

See our dividend calendar or top-yielding stocks list.

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