NEW YORK (

TheStreet

) -- The ex-dividend date for

Spectra Energy

(NYSE:

SE

) is tomorrow, February 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $30.54 as of 9:30 a.m. ET, the dividend yield is 3.7%.

The average volume for Spectra Energy has been 3.6 million shares per day over the past 30 days. Spectra Energy has a market cap of $20.48 billion and is part of the

basic materials

sector and

energy

industry. Shares are unchanged year to date as of the close of trading on Monday.

Spectra Energy Corp, through its subsidiaries, engages in the ownership and operation of a portfolio of complementary natural gas-related energy assets in the United States and Canada. The company operates in four segments: U.S. The company has a P/E ratio of 17.3, above the average energy industry P/E ratio of 16.9 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Spectra Energy as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations 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

Spectra Energy Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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