NEW YORK (
) -- The ex-dividend date for
) is tomorrow, May 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 33 cents per share. At a price of $30.39 as of 9:30 a.m. ET, the dividend yield is 4.4%.
The average volume for DPL has been 1.9 million shares per day over the past 30 days. DPL has a market cap of $3.5 billion and is part of the
industry. Shares are up 18.3% year to date as of the previous trading day's close.
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 13.4, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
- Practice your dividend trading strategies and win cash in our stock game.
TheStreet Ratings rates DPL as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full