Mobile Telesystems OJSC Stock To Go Ex-dividend Tomorrow (MBT)

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 Mobile Telesystems OJSC (NYSE: MBT) is tomorrow, May 7, 2013. Owners of shares as of market close today will be eligible for a dividend of 77 cents per share. At a price of $20.62 as of 9:31 a.m. ET, the dividend yield is 3.8%.

The average volume for Mobile Telesystems OJSC has been 2.1 million shares per day over the past 30 days. Mobile Telesystems OJSC has a market cap of $20.14 billion and is part of the technology sector and telecommunications industry. Shares are up 10.7% year to date as of the close of trading on Friday.

Mobile TeleSystems OJSC, together with its subsidiaries, provides telecommunications services primarily in the Russian Federation, Ukraine, Uzbekistan, Armenia, and Belarus. The company has a P/E ratio of 19.9, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Mobile Telesystems OJSC as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, growth in earnings per share, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Mobile Telesystems OJSC Ratings Report.

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