Alon USA Energy Stock To Go Ex-dividend Tomorrow (ALJ)

NEW YORK ( TheStreet) -- The ex-dividend date for Alon USA Energy Inc (NYSE: ALJ) is tomorrow, August 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $8.95 as of 9:35 a.m. ET, the dividend yield is 1.9%.

The average volume for Alon USA Energy has been 396,800 shares per day over the past 30 days. Alon USA Energy has a market cap of $472.4 million and is part of the basic materials sector and energy industry. Shares are up 46.3% year to date as of the close of trading on Friday.

Alon USA Energy, Inc. operates as an independent refiner and marketer of petroleum products in south central, southwestern, and western regions of the United States. The company operates in three segments: Refining and Unbranded Marketing, Asphalt, and Retail and Branded Marketing.
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TheStreet Ratings rates Alon USA Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, weak operating cash flow and poor profit margins. You can view the full Alon USA Energy Ratings Report.

See our dividend calendar or top-yielding stocks list.

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