NEW YORK (
) -- The ex-dividend date for
) is tomorrow, February 11, 2011. Owners of shares as of market close today will be eligible for a dividend of 33 cents per share. At a price of $26.67 as of 9:30 a.m. ET, the dividend yield is 5%. The average volume for DPL has been 676,700 shares per day over the past 30 days. DPL has a market cap of $3.2 billion and is part of the
industry. Shares are up 4% year to date as of the close of trading on Wednesday.
DPL Inc., through its subsidiary, The Dayton Power and Light Company, operates as a regional electric energy and utility company in the United States. The company has a P/E ratio of 11.5, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 23.5.
TheStreet Ratings rates DPL as buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, good cash flow from operations, growth in earnings per share and notable return on equity. 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