NEW YORK (

TheStreet

) -- The ex-dividend date for

Empire District Electric

(NYSE:

EDE

) is tomorrow, February 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $21.66 as of 9:30 a.m. ET, the dividend yield is 5.9%.

The average volume for Empire District Electric has been 174,100 shares per day over the past 30 days. Empire District Electric has a market cap of $906.2 million and is part of the

utilities

sector and

utilities

industry. Shares are down 2.6% year to date as of the close of trading on Wednesday.

The Empire District Electric Company, together with its subsidiaries, primarily engages in the generation, purchase, transmission, distribution, and sale of electricity in Missouri, Kansas, Oklahoma, and Arkansas. The company has a P/E ratio of 18.6, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 22.7.

TheStreet Ratings rates Empire District Electric as buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

Empire District Electric Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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