Spreadtrum Stock To Go Ex-dividend (SPRD)

NEW YORK ( TheStreet) -- The ex-dividend date for Spreadtrum Communications (Nasdaq: SPRD) is, July 5, 2013. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $26.28 as of 9:35 a.m. ET, the dividend yield is 1.4%.

The average volume for Spreadtrum has been 1.3 million shares per day over the past 30 days. Spreadtrum has a market cap of $1.27 billion and is part of the technology sector and electronics industry. Shares are up 50.3% year to date as of the close of trading on Tuesday.

Spreadtrum Communications, Inc., a fabless semiconductor company, engages in the design, development, and marketing of mobile chipset platforms for smartphones, feature phones, and other consumer electronics products in Hong Kong, Mailand China, and others.

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TheStreet Ratings rates Spreadtrum as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Spreadtrum Ratings Report.

See our dividend calendar or top-yielding stocks list.

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