Cypress Semiconductor Stock To Go Ex-dividend Tomorrow (CY)

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 Cypress Semiconductor Corporation (Nasdaq: CY) is tomorrow, June 25, 2013. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $10.41 as of 9:31 a.m. ET, the dividend yield is 4.1%.

The average volume for Cypress Semiconductor has been 2.8 million shares per day over the past 30 days. Cypress Semiconductor has a market cap of $1.56 billion and is part of the technology sector and electronics industry. Shares are down 3.3% year to date as of the close of trading on Friday.

Cypress Semiconductor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets mixed-signal, programmable solutions, specialized semiconductor memories, and integrated semiconductor solutions.

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TheStreet Ratings rates Cypress Semiconductor as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. You can view the full Cypress Semiconductor Ratings Report.

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