NEW YORK (

TheStreet

) -- The ex-dividend date for

Boardwalk Pipeline Partners

(NYSE:

BWP

) is tomorrow, February 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 53 cents per share. At a price of $27.34 as of 9:30 a.m. ET, the dividend yield is 7.8%.

The average volume for Boardwalk Pipeline has been 460,900 shares per day over the past 30 days. Boardwalk Pipeline has a market cap of $4.84 billion and is part of the

basic materials

sector and

energy

industry. Shares are down 2.1% year to date as of the close of trading on Friday.

Boardwalk Pipeline Partners, LP, through its subsidiaries, engages in the interstate transportation and storage of natural gas in the United States. The company has a P/E ratio of 25, above the average energy industry P/E ratio of 23.5 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Boardwalk Pipeline as a

buy

. Among the primary strengths of the company is its expanding profit margins over time. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full

Boardwalk Pipeline Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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