EMC Stock To Go Ex-dividend Tomorrow (EMC)

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 EMC Corporation (NYSE: EMC) is tomorrow, June 27, 2013. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $24.04 as of 9:31 a.m. ET, the dividend yield is 1.7%.

The average volume for EMC has been 23 million shares per day over the past 30 days. EMC has a market cap of $49.83 billion and is part of the technology sector and computer hardware industry. Shares are down 6.5% year to date as of the close of trading on Tuesday.

EMC Corporation, together with its subsidiaries, develops, delivers, and supports information infrastructure and virtual infrastructure technologies, solutions, and services. The company has a P/E ratio of 19.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates EMC as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full EMC Ratings Report.

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