FirstEnergy Stock To Go Ex-dividend Tomorrow (FE)
NEW YORK (
) -- The ex-dividend date for
(NYSE:
) is tomorrow, February 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 55 cents per share. At a price of $43.76 as of 9:30 a.m. ET, the dividend yield is 5.2%.
The average volume for FirstEnergy has been 2.7 million shares per day over the past 30 days. FirstEnergy has a market cap of $17.26 billion and is part of the
sector and
industry. Shares are down 4% year to date as of the close of trading on Wednesday.
Firstenergy Corp. operates as a diversified energy company. The company, through its subsidiaries and affiliates, involves in the generation, transmission, and distribution of electricity, as well as energy management and other energy-related services. The company has a P/E ratio of 17, below the average utilities industry P/E ratio of 17.1 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates FirstEnergy as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, solid stock price performance and growth in earnings per share. 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
.
See our
or
.
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