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

Yahoo Finance All Markets Summit: LIVE BLOG

Yahoo Finance All Markets Summit: LIVE BLOG

3,000 Amazon Go Stores Will Decimate Convenience Stores, Be Big Profit Centers

3,000 Amazon Go Stores Will Decimate Convenience Stores, Be Big Profit Centers

Dow Looks to Open Around 100 Points From Record High as Global Stocks Rally

Dow Looks to Open Around 100 Points From Record High as Global Stocks Rally

Oil Snaps Three-Day Win Streak as Trump Says OPEC Must 'Get Prices Down Now'

Oil Snaps Three-Day Win Streak as Trump Says OPEC Must 'Get Prices Down Now'

If You Must Trade Tilray, Use This Options Play: Market Recon

If You Must Trade Tilray, Use This Options Play: Market Recon