NEW YORK (
) -- The ex-dividend date for
Enterprise Products Partners
) is tomorrow, April 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 59 cents per share. At a price of $43.77 as of 9:31 a.m. ET, the dividend yield is 5.5%.
The average volume for Enterprise has been 1.5 million shares per day over the past 30 days. Enterprise has a market cap of $36.6 billion and is part of the
industry. Shares are up 3.3% year to date as of the close of trading on Monday.
Enterprise Products Partners L.P. provides a range of services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the continental United States, Canada, and Gulf of Mexico. The company has a P/E ratio of 37.7, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 16.7.
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TheStreet Ratings rates Enterprise as a
. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full