NEW YORK (
) -- The ex-dividend date for
) is tomorrow, July 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $36.84 as of 10:02 a.m. ET, the dividend yield is 5.2%.
The average volume for El Paso Pipeline has been 858,000 shares per day over the past 30 days. El Paso Pipeline has a market cap of $7 billion and is part of the
industry. Shares are up 10% year to date as of the close of trading on Monday.
El Paso Pipeline Partners, L.P. engages in the ownership and operation of natural gas transportation pipelines and storage assets in the United States. The company has a P/E ratio of 20.3, above the average energy industry P/E ratio of 19 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates El Paso Pipeline as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, expanding profit margins and reasonable valuation levels. 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