NEW YORK (
) -- The ex-dividend date for
) is tomorrow, November 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 49 cents per share. At a price of $50.32 as of 9:30 a.m. ET, the dividend yield is 4%.
The average volume for Dominion has been three million shares per day over the past 30 days. Dominion has a market cap of $28.2 billion and is part of the
industry. Shares are up 17.3% year to date as of the close of trading on Monday.
Dominion Resources, Inc., together with its subsidiaries, engages in producing and transporting energy in the United States. It operates in three segments: DVP, Dominion Generation, and Dominion Energy. The company has a P/E ratio of 18.8, below the average utilities industry P/E ratio of 18.9 and above the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
TheStreet Ratings rates Dominion as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full