NEW YORK (
) -- The ex-dividend date for
) is tomorrow, September 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $41.48 as of 9:30 a.m. ET, the dividend yield is 1.5%.
The average volume for Southern Union has been 2.4 million shares per day over the past 30 days. Southern Union has a market cap of $5.1 billion and is part of the
industry. Shares are up 70.8% year to date as of the close of trading on Monday.
Southern Union Company, together with its subsidiaries, engages in the gathering, processing, transportation, storage, and distribution of natural gas in the United States. It operates in three segments: Transportation and Storage, Gathering and Processing, and Distribution. The company has a P/E ratio of 22.3, below the average utilities industry P/E ratio of 22.5 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Southern Union as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full