NEW YORK (
) -- The ex-dividend date for
) is tomorrow, August 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 $30.05 as of 10:06 a.m. ET, the dividend yield is 4.4%.
The average volume for DPL has been 969,500 shares per day over the past 30 days. DPL has a market cap of $3.6 billion and is part of the
industry. Shares are up 16.4% 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 15, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates DPL as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full