NEW YORK (
) -- The ex-dividend date for
) is tomorrow, November 10, 2011. Owners of shares as of market close today will be eligible for a dividend of 33 cents per share. At a price of $30.43 as of 9:49 a.m. ET, the dividend yield is 4.4%.
The average volume for DPL has been 1.1 million 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 18.2% year to date as of the close of trading on Tuesday.
DPL Inc. operates as an electric energy and utility company in the United States. The company, through its subsidiary, The Dayton Power and Light Company, engages in the generation, transmission, and distribution of electricity to the wholesale market in west central Ohio. The company has a P/E ratio of 16.3, 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 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