NEW YORK (
) -- The ex-dividend date for
Massey Energy Company
) is tomorrow, March 15, 2011. Owners of shares as of market close today will be eligible for a dividend of six cents per share. At a price of $60.03 as of 9:31 a.m. ET, the dividend yield is 0.4%.
The average volume for Massey Energy has been 4.7 million shares per day over the past 30 days. Massey Energy has a market cap of $6.1 billion and is part of the
industry. Shares are up 11.2% year to date as of the close of trading on Friday.
Massey Energy Company, through its wholly owned subsidiary, A.T. Massey Coal Company, Inc., produces, processes, and sells bituminous coal primarily in the United States.
TheStreet Ratings rates Massey Energy as hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full