NEW YORK (

TheStreet

) -- The ex-dividend date for

Dominion Resources

(NYSE:

D

) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 53 cents per share. At a price of $52.68 as of 9:30 a.m. ET, the dividend yield is 4%.

The average volume for Dominion has been 2.4 million shares per day over the past 30 days. Dominion has a market cap of $30.03 billion and is part of the

utilities

sector and

utilities

industry. Shares are down 1% year to date as of the close of trading on Friday.

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 21.1, equal to the average utilities industry P/E ratio 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 increase in net income, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Dominion Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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