NEW YORK ( TheStreet) -- The ex-dividend date for Hugoton Royalty (NYSE: HGT) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $23.84 as of 9:30 a.m. ET, the dividend yield is 5.8%.

The average volume for Hugoton Royalty has been 169,700 shares per day over the past 30 days. Hugoton Royalty has a market cap of $938.4 million and is part of the basic materials sector and energy industry. Shares are up 15.3% year to date as of the close of trading on Friday.

Hugoton Royalty Trust operates as an express trust in the United States. It holds a 80% net profits interests in certain natural gas producing working interest properties of XTO Energy Inc. XTO Energy Inc. The company has a P/E ratio of 15.1, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 16.2.
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TheStreet Ratings rates Hugoton Royalty as buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Hugoton Royalty Ratings Report.

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