NEW YORK ( TheStreet) -- The ex-dividend date for Hugoton Royalty (NYSE: HGT) is tomorrow, May 26, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $23.11 as of 10 a.m. ET, the dividend yield is 6.6%.

The average volume for Hugoton Royalty has been 180,700 shares per day over the past 30 days. Hugoton Royalty has a market cap of $910 million and is part of the basic materials sector and energy industry. Shares are up 11.2% year to date as of the close of trading on Tuesday.

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 14.7, below the average energy industry P/E ratio of 15.6 and below the S&P 500 P/E ratio of 17.7.
  • Practice your dividend trading strategies and win cash in our stock game.

TheStreet Ratings rates Hugoton Royalty as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Hugoton Royalty Ratings Report.

See our dividend calendar or top-yielding stocks list.
null

If you liked this article you might like

Worst of the Worst: Stay Away From This Awful Energy Royalty Trust

7 Stocks Under $10 Making Big Moves Toward Big Profits

What To Sell: 3 Sell-Rated Dividend Stocks HGT, ACSF, CIO

3 Stocks Going Ex-Dividend Tomorrow: HGT, ACRE, MTGE

3 Sell-Rated Dividend Stocks: HGT, MVC, NAP