Tellabs, Inc. (TLAB) Ex-Dividend Date Scheduled for December 24, 2012

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Tellabs, Inc. ( TLAB ) has announced an ex-dividend date of December 24, 2012 and a cash dividend payment of $1 per share scheduled for December 21, 2012. Shareholders who purchased TLAB stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $3.34, the dividend yield is 359.28%.

The previous trading day's last sale of TLAB was $3.34, representing a -24.26% decrease from the 52 week high of $4.41 and a 23.7% increase over the 52 week low of $2.70.

TLAB is a part of the Public Utilities sector, which includes companies such as China Mobile (Hong Kong) Ltd. ( CHL ) and AT&T Inc. ( T ). TLAB's current earnings per share, an indicator of a company's profitability, is -$.41. Zacks Investment Research reports TLAB's forecasted earnings growth in 2012 as 54.17%, compared to an industry average of .4%.

For more information on the declaration, record and payment dates, visit the TLAB Dividend History page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
Referenced Symbols: CHL , T , TLAB

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