Berry Stock To Go Ex-dividend Tomorrow (BRY)
NEW YORK (TheStreet) -- The ex-dividend date for Berry Petroleum (NYSE:BRY) is tomorrow, September 9, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $46.62 as of 9:30 a.m. ET, the dividend yield is 0.7%. The average volume for Berry has been 828,900 shares per day over the past 30 days. Berry has a market cap of $2.3 billion and is part of the basic materials sector and energy industry. Shares are up 7.6% year to date as of the close of trading on Wednesday. Berry Petroleum Company, an independent energy company, engages in the production, development, acquisition, exploitation, and exploration of crude oil and natural gas in the United States. The company's properties are located in California, Texas, Utah, and Colorado. The company has a P/E ratio of 95.7, below the average energy industry P/E ratio of 99.9 and above the S&P 500 P/E ratio of 17.7.
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