NEW YORK (
) -- The ex-dividend date for
) is Monday, January 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $12.99 as of 9:30 a.m. ET, the dividend yield is 3.5%.
The average volume for Crosstex Energy has been 314,300 shares per day over the past 30 days. Crosstex Energy has a market cap of $614.4 million and is part of the
industry. Shares are up 2.5% year to date as of the close of trading on Thursday.
Crosstex Energy, Inc., through its partnership interests in Crosstex Energy, L.P., engages in the gathering, transmission, processing, and marketing of natural gas and natural gas liquids (NGLs) in the United States.
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TheStreet Ratings rates Crosstex Energy as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and increase in net income. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, poor profit margins and weak operating cash flow. You can view the full