Vectren Stock To Go Ex-dividend Tomorrow (VVC)

NEW YORK ( TheStreet) -- The ex-dividend date for Vectren (NYSE: VVC) is tomorrow, August 11, 2011. Owners of shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $25.20 as of 9:34 a.m. ET, the dividend yield is 5.8%.

The average volume for Vectren has been 390,800 shares per day over the past 30 days. Vectren has a market cap of $2 billion and is part of the utilities sector and utilities industry. Shares are up 0.6% year to date as of the close of trading on Tuesday.

Vectren Corporation provides energy delivery services to residential, commercial, and industrial and other customers in Indiana and west central Ohio. The company has a P/E ratio of 16.1, equal to the average utilities industry P/E ratio 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 Vectren as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, growth in earnings per share, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Vectren Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Hormel's Jennie-O Recalls 91,388 Pounds of Turkey on Salmonella Fears

Hormel's Jennie-O Recalls 91,388 Pounds of Turkey on Salmonella Fears

Pfizer Plans Price Hikes for 41 Drugs Next Year

Pfizer Plans Price Hikes for 41 Drugs Next Year

Nvidia Shares Tank as Analysts Cut Price Targets

Nvidia Shares Tank as Analysts Cut Price Targets

Homebuilder Stocks Rebound From Dip on Rate Hike Expectations

Homebuilder Stocks Rebound From Dip on Rate Hike Expectations

Dow Ends Higher on Dovish Trump Tariff Comments; Nasdaq Falls

Dow Ends Higher on Dovish Trump Tariff Comments; Nasdaq Falls