SanDisk Stock To Go Ex-dividend Tomorrow (SNDK)

NEW YORK ( TheStreet) -- The ex-dividend date for SanDisk (Nasdaq: SNDK) is tomorrow, January 30, 2014. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $69.38 as of 9:50 a.m. ET, the dividend yield is 1.3%.

The average volume for SanDisk has been 3.8 million shares per day over the past 30 days. SanDisk has a market cap of $15.71 billion and is part of the technology sector and computer hardware industry. Shares are down 1.3% year to date as of the close of trading on Tuesday.

Sandisk Corporation designs, develops, manufactures, and markets flash storage card products that are used in various consumer electronics products. The company has a P/E ratio of 13.1, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates SanDisk as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. 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 SanDisk Ratings Report.

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