Telefonica Brasil S.A Stock To Go Ex-dividend Tomorrow (VIV)

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 Telefonica Brasil S.A (NYSE: VIV) is tomorrow, April 17, 2013. Owners of shares as of market close today will be eligible for a dividend of 66 cents per share. At a price of $26.20 as of 9:30 a.m. ET, the dividend yield is 7.1%.

The average volume for Telefonica Brasil S.A has been 1.2 million shares per day over the past 30 days. Telefonica Brasil S.A has a market cap of $29.92 billion and is part of the technology sector and telecommunications industry. Shares are up 7.7% year to date as of the close of trading on Monday.

Telefonica Brasil S.A. provides fixed-line telecommunications services to residential and commercial customers in Brazil. The company has a P/E ratio of 6.5, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Telefonica Brasil S.A 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 and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Telefonica Brasil S.A Ratings Report.

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