NEW YORK (

TheStreet

) -- The ex-dividend date for

Dominion Resources

(NYSE:

D

) is tomorrow, February 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 53 cents per share. At a price of $51.47 as of 9:30 a.m. ET, the dividend yield is 4.1%.

The average volume for Dominion has been 2.6 million shares per day over the past 30 days. Dominion has a market cap of $28.66 billion and is part of the

utilities

sector and

utilities

industry. Shares are down 3.1% 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 20.9, above the average utilities industry P/E ratio of 19.2 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Dominion as a

buy

. 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

Dominion Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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