NEW YORK (
) -- The ex-dividend date for
UniSource Energy Corporation
) is tomorrow, March 9, 2011. Owners of shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $36.55 as of 9:31 a.m. ET, the dividend yield is 4.6%.
The average volume for UniSource Energy has been 209,400 shares per day over the past 30 days. UniSource Energy has a market cap of $1.3 billion and is part of the
industry. Shares are up 2.1% year to date as of the close of trading on Monday.
UniSource Energy Corporation, through its subsidiaries, operates as an electric utility in Arizona. It operates through three segments: TEP, UNS Gas, and UNS Electric. The company has a P/E ratio of 13.1, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.5.
TheStreet Ratings rates UniSource Energy as buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full