NEW YORK ( TheStreet) -- The ex-dividend date for UniSource Energy Corporation (NYSE: UNS) is tomorrow, May 17, 2011. Owners of shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $38.18 as of 10:02 a.m. ET, the dividend yield is 4.4%.

The average volume for UniSource Energy has been 219,900 shares per day over the past 30 days. UniSource Energy has a market cap of $1.4 billion and is part of the utilities sector and utilities industry. Shares are up 6.6% year to date as of the close of trading on Friday.

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 14.1, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates UniSource Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full UniSource Energy Ratings Report.

See our dividend calendar or top-yielding stocks list.
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