Westar Energy Stock To Go Ex-dividend Monday (WR)

NEW YORK ( TheStreet) -- The ex-dividend date for Westar Energy (NYSE: WR) is Monday, March 7, 2011. Owners of shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $25.94 as of 9:32 a.m. ET, the dividend yield is 5%.

The average volume for Westar Energy has been 848,100 shares per day over the past 30 days. Westar Energy has a market cap of $2.9 billion and is part of the utilities sector and utilities industry. Shares are up 3.1% year to date as of the close of trading on Thursday.

Westar Energy, Inc., an electric utility company, engages in the generation, transmission, and distribution of electricity. It produces electricity through various sources, including coal, wind, nuclear, natural gas or oil, and diesel. The company has a P/E ratio of 14.2, below the average utilities industry P/E ratio of 14.3 and below the S&P 500 P/E ratio of 21.5.

TheStreet Ratings rates Westar Energy as buy. The company's strengths can be seen in multiple areas, such as its revenue growth and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Westar Energy Ratings Report.

See our dividend calendar or top-yielding stocks list.

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