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| Reminder - Tellabs, Inc. (TLAB) Goes Ex-Dividend 8/10/11By Dividend Channel Staff, Monday, August 8, 10:26 AM ET
On 8/10/11, Tellabs, Inc. (NASDAQ:TLAB) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 8/26/11. As a percentage of TLAB's recent stock price of $3.81, this dividend works out to approximately 0.52%. Below is a dividend history chart for TLAB, showing historical dividends prior to the most recent $0.02 declared by Tellabs, Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TLAB is likely to continue, and whether the current estimated yield of 2.10% on annualized basis is a reasonable expectation of annual yield going forward.
According to the ETF Finder at ETF Channel, TLAB makes up 1.86% of the SPDR S&P Telecom ETF (AMEX:XTL) which is trading lower by about 5.4% on the day Monday. See what other ETFs contain TLAB » TLAB operates in the Manufacturing sector, among companies like Adtran, Inc. (NASDAQ:ADTN) which is off about 2.3% today, and Dolby Laboratories Inc (NYSE:DLB) trading lower by about 2.1%. Below is a three month price history chart comparing the stock performance of TLAB, versus ADTN and DLB.
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