Tellabs, Inc. (
) 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 $2.70.
TLAB is a part of the Public Utilities sector, which includes
companies such as China Mobile (Hong Kong) Ltd. (
) and AT&T Inc. (
). TLAB's current earnings per share, an indicator of a company's
profitability, is -$.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