NEW YORK ( TheStreet) -- The ex-dividend date for Enersis (NYSE: ENI) is tomorrow, May 4, 2011. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $21.38 as of 9:30 a.m. ET, the dividend yield is 2.4%.

The average volume for Enersis has been 638,100 shares per day over the past 30 days. Enersis has a market cap of $13.9 billion and is part of the utilities sector and utilities industry. Shares are down 8.3% year to date as of the close of trading on Monday.

Enersis S.A., an electric utility company, engages in the generation, transmission, and distribution of electricity in Chile, Argentina, Brazil, Colombia, and Peru. It owns and operates hydroelectric, thermal, and wind power plants. The company has a P/E ratio of 14.3, above the average utilities industry P/E ratio of 13.4 and below the S&P 500 P/E ratio of 17.1.
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TheStreet Ratings rates Enersis as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Enersis Ratings Report.

See our dividend calendar or top-yielding stocks list.
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