Linear Technology Stock To Go Ex-dividend Tomorrow (LLTC)

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 Linear Technology (Nasdaq: LLTC) is tomorrow, May 15, 2013. Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $37.98 as of 9:30 a.m. ET, the dividend yield is 2.7%.

The average volume for Linear Technology has been 2.7 million shares per day over the past 30 days. Linear Technology has a market cap of $8.95 billion and is part of the technology sector and electronics industry. Shares are up 11.9% year to date as of the close of trading on Monday.

Linear Technology Corporation, together with its subsidiaries, designs, manufactures, and markets various analog integrated circuits (ICs) worldwide. The company has a P/E ratio of 22.3, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Linear Technology as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Linear Technology Ratings Report.

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